Department Stores

Kohl’s Expects Long Turnaround as Shoppers Are ‘Pretty Constrained’
Kohl’s Expects Long Turnaround as Shoppers Are ‘Pretty Constrained’
March 11, 2025  |  Earnings

Kohl’s is forecasting a difficult 2025 as its new CEO embarks on a lengthy turnaround project. The department store chain released quarterly earnings Tuesday (March...

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JOOR CEO Says Fashion Industry at a Crossroads With Tariffs and Changing Consumer Dynamics
JOOR CEO Says Fashion Industry at a Crossroads With Tariffs and Changing Consumer Dynamics
March 03, 2025  |  B2B Payments

Talk about business uncertainty: Fashion wholesale is a business that lives with the constant fear of changing styles, fickle consumer tastes and a retail base...

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Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
February 16, 2025  |  Retail

Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. As The Wall Street Journal (WSJ) reported Friday...

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JCPenney Debuts Bulk Ordering Tool for Businesses and Nonprofits
JCPenney Debuts Bulk Ordering Tool for Businesses and Nonprofits
February 03, 2025  |  B2B Payments

JCPenney has debuted a tool to help businesses and nonprofits purchase products at bulk order prices. The department store chain’s new business-to-business (B2B) website, announced Monday (Feb. 3),...

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Beyond Shopping: Malls Seek New Life as Dynamic Destinations
Beyond Shopping: Malls Seek New Life as Dynamic Destinations
January 03, 2025  |  News

Paco Underhill is a name synonymous with the evolution of retail spaces, particularly malls. As an environmental psychologist, retail consultant and the author of “Why...

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Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
August 05, 2024  |  Retail

Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. The luxury retailer, which last month announced it was merging with Neiman Marcus, has missed payments to dozens of...

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Macy’s Board Ends Acquisition Talks With Arkhouse, Brigade
Macy’s Board Ends Acquisition Talks With Arkhouse, Brigade
July 15, 2024  |  Acquisitions

The Macy’s board of directors has unanimously decided to end acquisition talks with Arkhouse Management and Brigade Capital Management. The decision follows more than seven months of engagement...

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Report: Barneys New York Aims to Expand Product Offerings, Distribution
Report: Barneys New York Aims to Expand Product Offerings, Distribution
July 12, 2024  |  Retail

Barneys New York reportedly plans to expand both its product offerings and its distribution if the planned acquisition of Neiman Marcus Group by the owner...

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Does Amazon Need Saks Global to Conquer Luxury Retail?
Does Amazon Need Saks Global to Conquer Luxury Retail?
July 11, 2024  |  Amazon

Amazon turned 30 on July 5th and did something that nearly 70% of all women also say they do on their birthday: They bought themselves...

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