Department Store Rebound Stalls in ‘Vibecession’ as Middle East Tensions Weigh on Consumer Confidence

Department Store Rebound Stalls in ‘Vibecession’ as Middle East Tensions Weigh on Consumer Confidence

A study by the International Association of Department Stores shows the post-pandemic recovery is over, as cautious consumers and geopolitical tensions force retailers to lean on promotions and AI-driven efficiency.

PARIS — The economy may be stabilizing, but shoppers aren’t vibing with it. Global department store sales rose just 0.63 percent in the 2024 to 2025 financial year, according to a new report from th… [+4213 chars]
Department Store Rebound Stalls in ‘Vibecession’ as Middle East Tensions Weigh on Consumer Confidence - FHMnews