Department Stores

Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks

Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
March 18, 2020  |  Economy

Large department stores such as Macy’s and Bloomingdale’s have shut down their New York City locations to avoid the large congregations of people usually inside...

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Nordstrom’s Small-Format Stores, Services Engage Shoppers
Nordstrom’s Small-Format Stores, Services Engage Shoppers
March 04, 2020  |  Earnings

As Nordstrom reported fourth-quarter results that fell below analyst estimates, shares plummeted on the news – but the department store retailer highlighted a bright spot with...

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Macy’s Woes Add To Tough Week For Malls
Macy’s Woes Add To Tough Week For Malls
February 05, 2020  |  Retail

It’s been a tough week for malls. First, mall tenant Forever 21 was bought out by its landlords. Then, Sephora launched one of the most...

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Kohl’s CEO Defends Amazon’s Role In Helping Drive Traffic, Sales
Kohl’s CEO Defends Amazon’s Role In Helping Drive Traffic, Sales
January 13, 2020  |  Retail

How good of a pal is Amazon to other retailers? That’s the question getting traction over the last few days, thanks to the less-than-stellar holiday...

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Macy’s Plans To Shutter 28 Locations
Macy’s Plans To Shutter 28 Locations
January 09, 2020  |  Retail

As part of its yearly review process, Macy’s plans to shutter one Bloomingdale’s store and 28 of its namesake department stores. The retailer operates approximately...

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Taking New Approaches To Retail Stores And Faster Payment Models
Taking New Approaches To Retail Stores And Faster Payment Models
January 02, 2020  |  Today In Data

Anchor Shops is aiming to keep the parts of the department store experience that are still working, while minimizing the portions that drag down department store profits. And,...

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Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age
Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age
December 30, 2019  |  Retail

That Amazon is a widely lionized yet simultaneously imitated force in retail is not surprising. Ever since Amazon introduced a one-click checkout, a loyalty program...

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Department Stores See Further Fizzle
Department Stores See Further Fizzle
December 13, 2019  |  Exclusive Series

The season of good cheer is upon us. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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