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Analysis: How Australian department stores can thrive in a post-Covid world

(Source: Bigstock.)
There’s no doubt that Covid-19 has brought about lasting changes to retail worldwide.  In the last 12 months alone, the industry has seen household names across the globe forced into administration (with a number never to return) including Debenhams, Arcadia Group, JC Penny and Century 21. Those brands that have avoided bankruptcy have often been forced to undertake aggressive cost reduction and store closures. Department stores have been particularly impacted, with consumers forced onlin

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