This is the real story of American retail

Forget all the “retail apocalypse” headlines. The phrase suggests the whole industry is collapsing, consulting firm Deloitte says. In reality, it’s not.

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https://qz-com.cdn.ampproject.org/c/s/qz.com/1229983/luxury-and-cheap-retailers-are-thriving-but-stores-for-the-middle-class-are-dying/amp/