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Inevitable Disruption Of Department Stores

Inevitable Disruption Of Department Stores

While the department stores in Singapore are eager to keep up with its rivals on the Internet, the advent of these disruptive technologies may be the preface to an inevitable elimination of these big players in the long run. “Retail experts believe department store chains should differentiate themselves from online competitors” (ST, Jul. 18), but the inherent business advantages held by the latter – for instance, of convenience, the absence of lease challenges (especially in geographically constrains Singapore) and perhaps the low inventories necessary) – might be too hard to overcome. Continue reading

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