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To: yard_man who wrote (209821)	12/16/2002 3:49:36 PM
From: ild	Read Replies (1) \| Respond to of 436258

Department stores have been struggling to fend off fierce competition from a crowded field that includes cheaper peers, discounters and specialty retailers. A study released on Monday by Customer Growth Partners found that department stores were rapidly losing market share to discounters. "Based on this year's retail sales figures, what we're seeing is a decade-long tectonic market shift across three dimensions -- from softlines to hardlines, from malls to off-mall locations, and from department stores to discounters," said Craig Johnson, president of Consumer Growth Partners. biz.yahoo.com