124-year-old retail chain announces rare store closure

The rise of online shopping has completely reshaped consumer behavior, offering more convenience and access to nearly any product without the need to step inside a store. As e-commerce grows, traditional department stores continue to vanish, raising the question of whether the retail industry is moving closer to a future where brick-and-mortar shopping becomes extinct. Ongoing economic uncertainty has also made shoppers more cautious of their spending, leading to weakening sales and reduced foot traffic f ...