Stephan's Wednesday Picks

• The death of the department store and the American middle class (Vox)
• 'Bleak Friday' for stores as pandemic pushes holiday shopping online (NYT)
• Philip Green loses battle to retail of 21st century (Bloomberg)
• Kohl's to open 850 Sephora beauty shops in its stores by 2023 (CNBC)
• Debenhams collapse deals another blow to struggling UK retail sector (Globe and Mail)