953 nut 62,373 #1 Posted October 16 National Department Store Day, celebrated every year on October 16, honors the significance and impact of department stores in the country. Department stores are commercial retail establishments that sell to customers directly. Unlike normal retail outlets, department stores classify and display a broad array of products as per department. For example, a department store will have separate sections or departments dedicated to fashion, furniture, appliances, foodstuffs, and so on. These stores fuel and support the American economy. Shopping is an integral part of the modern lifestyle. Due to competition and globalization, the prices came down and people were able to afford more products. A consumer-friendly market setup, coupled with an increase in demand and supply, gave rise to the first department stores. Trade has always been a driving force in human history. It was through trade that ancient civilizations could connect and exchange ideas, and it was for trade alone that we could brave the unknown raging seas. Department stores are one of the largest centers of trade. 4 2 Share this post Link to post Share on other sites
