Department Stores in Cyprus - Market Research Report (2014-2029)

Department store revenue is expected to drop at a compound annual rate of 5.7% over the five years through 2024. Department stores were once hailed as a one-stop shop and a shopper's favourite, but the retail landscape has changed. Department stores have been slow to keep up with what's in vogue and shoppers' need for instant gratification, losing sales to e-tailers and fast-fashion brands.

预计在2024年之前的五年间，百货公司的营业收入将以5.7%的复合年增长率下降。百货公司曾被誉为一站式购物场所，消费者钟爱的购物天堂，然而零售业的风貌已发生变迁。百货公司在迎合潮流和满足消费者即时满足需求方面行动迟缓，导致销售额不敌电商和快时尚品牌。