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J.C. Penney closed 138 locations , or 14 percent of its stores, last year. Jeffrey Roseman, vice chairman of Newmark Knight Frank’s retail brokerage division, told The Post, “The need for an eight-story, multi-hundred-thousand-square-foot department store in major cities is limited at best.” Noting that most main floors are turned over to cosmetics, Roseman said, “What woman wants to buy fragrance there? They can go into Sephora, Ulta or Blue Mercury and get the same stuff cheaper and be out in 10 minutes.” But while department stores might be extinction-bound dinosaurs, they’re charming dinosaurs to have around. Cities, as urban-planning god Jane Jacobs wrote in her classic 1961 book “ The Death and Life of Great American Cities ,” are about multiplicity of choice. Department stores provide infinite choice, or at least the mirage of it — the opposite of boutiques that peddle a single designer or brand. Department stores welcome everyone to peruse enticingly displayed cocktail dresses and necklaces, sofas and floor lamps under one roof. Trying things on is a breeze. Although I buy tons of stuff from Amazon and at no-frills discounters such as Century 21, I still crave the sense of abundant prosperity conveyed by Bloomingdale’s over-the-top model rooms and Saks Fifth Avenue’s stately procession of designer suits. Sure, they’ve long been losing ground. Once-distinct department stores began looking more alike as powerful fashion lines came to dictate retail layout and design.
For the original version including any supplementary images or video, visit https://nypost.com/2018/07/14/the-department-store-apocalypse-is-taking-its-toll-on-nyc/