Why can't commercial department store stocks be speculated?

E-commerce impacts traditional commerce.

The share price of department stores has been depressed for years. The possible reason is that in recent years, department stores have been besieged by e-commerce shopping (Taobao, JD.COM, etc.). ), real estate shopping malls, China Resources Vientiane City, etc. There are also excellent fresh supermarkets. The importance of department stores in shopping is getting lower and lower, facing severe industry competition and lack of growth in performance. Generally speaking, e-commerce has impacted traditional commerce, which is the fundamental reason why department stores have not risen sharply and their performance has declined.

After years of continuous decline, department store stocks are at a low level and their valuations are relatively cheap. Although their growth is weak, they still have certain investment value.