In 1986, department stores accounted for more than 60 percent of the general merchandise sold in retail stores. Today, department stores sell less than 30 percent of this amount. One reason for this decline in sales is due to:

Question

Quizplus · Accepted Answer

The wider availability of producers' brands has increased competition for department stores, leading to a decline in their sales.

In 1986, Department Stores Accounted for More Than 60 Percent