A power player is any U.S. retailer with sales equal to or
greater than 10 percent of those of the category leader.
Department Stores: Department stores have survived the rise of
sectors specializing in narrower product ranges, as well as the
challenges of discount stores and other off-price retailers, and
finally E-commerce. Gerald Storch, CEO of Hudson’s Bay, parent of
Saks Fifth Avenue and Lord & Taylor, says, “Increasingly,
consumers don’t think of stores as physical locations, they think
of...