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Sales at U.S. department stores have been declining since the early 2000s. Early in that decade, Americans were spending close to $20 billion each month at department stores like Kohl's (NYSE: KSS), Macy's (NYSE: M), J.C. Penney (NYSE: JCP), and Nordstrom (NYSE: JWN). Today, that monthly spending has been nearly cut in half.
U.S. Department Store Sales data by YCharts.
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