Free Data GraphicCoresight Bites: US Department Stores—Market Outlook Coresight Research February 9, 2023 Coresight Bites provide free snapshots of Coresight Research data and findings. This graphic presents selected insights from our Market Outlook on the US department store sector. Subscribers can access the full research here. To find out how to subscribe, click here. Coresight Research estimates that overall department store sector revenue in 2023 will decrease by 0%–1.0%, year over year, to around $85 billion. We anticipate that from 2022 to 2024, revenue growth will remain between 0% and (1.0)% and will begin to swing into positive territory in 2025; in 2027, we expect that revenues will be approximately 8% below pre-pandemic 2019 revenues. Click the image below to read the full Market Outlook report, which offers our analysts’ definitive view of the US department store sector, including key themes we are watching. This document was generated for Other research you may be interested in: Weekly US Store Openings and Closures Tracker 2025, Week 20: Bob’s Discount Furniture Announces Store-Expansion PlanEconomic Confidence Climbs; Financial Optimism Turns Positive: Weekly US Consumer Sentiment, Week 23, 2025—InfographicUS Store Tracker Extra, August 2025: At Home, Claire’s and Office Depot Closures Add 4+ Million Square Feet to Total Closed Retail SpaceHigh Hopes—Heightened Economic Optimism Entering the New Year: US Consumer Survey Insights