This is shaping up to be a survival-of-the-fittest year for US department stores. Through interviews with shoppers, retail ...
Saks Off 5th is to shutter as the troubled Saks Global group refocuses on luxury. But with Macy's also closing stores, ...
Saks Fifth Avenue’s bankruptcy filing has revived debates about how these once celebrated shopping emporiums can regain their luster.
The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.
Big department-store chains from JCPenney to Macy’s are unloading their properties as fast as they can. Dillard’s is buying real estate. The department-store chain this month purchased the Longview ...
Can department stores evolve enough to regain relevance? It might take more than the magic of Macy’s. The reason could be encapsulated in one sobering sentence by Macy’s CEO Tony Spring: The chain had ...
Department stores are losing out on retail’s wins, teeing them up for owners to rethink or redevelop the large sites. Once considered a retail necessity to attract shoppers to sprawling malls, the ...
While many department stores are closing, the family-owned Boscov's continues to open new locations. Boscov's employees attribute the chain's success to its focus on customer service. Unlike ...
Luxury's slowdown and the shift to casual are pushing retailers to prioritize athleisure and events to sustain growth, ...
Back in the day, department stores were more than just occasional places to shop; they were a part of everyday life. From bargain hunting at Korvette’s to holiday shopping at Marshall Field’s, these ...