Department Stores

Farfetch Pairs With Harvey Nichols As It Rolls Toward An IPO
Farfetch Pairs With Harvey Nichols As It Rolls Toward An IPO
March 12, 2018  |  Partnerships / Acquisitions

Farfetch is getting ready for an initial public offering (IPO) — after nearly a decade in existence — with a listing that is widely expected...

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Another ‘No’ For Nordstrom Family Trying To Go Private
Another ‘No’ For Nordstrom Family Trying To Go Private
March 06, 2018  |  Retail

Nordstrom isn’t going private this time. Although the retailer was bullish about striking a go-private deal before this week’s earnings report, it has once again...

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Nordstrom’s Split Earnings Decision
Nordstrom’s Split Earnings Decision
March 02, 2018  |  Earnings

It was a good news, bad news type of earnings report for apparel and accessories department store chain Nordstrom, according to recent reports from industry...

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TJX Shares Rise After It Beats Holiday Estimates
TJX Shares Rise After It Beats Holiday Estimates
March 01, 2018  |  Retail

TJX, the parent company of discount department store chains Marshalls, HomeGoods and TJ Maxx, had a very good holiday season, beating out analyst estimates for...

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Apocalypse Not: Brick-And-Mortar Retail Is Neither Dead Nor Dying
Apocalypse Not: Brick-And-Mortar Retail Is Neither Dead Nor Dying
February 06, 2018  |  Retail

Frozen food didn’t kill the restaurant. Telephones didn’t kill human interaction. And eCommerce won’t kill brick-and-mortar retail. That’s L Brands CEO and Chairman Les Wexner’s...

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More Closures In Store For Macy’s
More Closures In Store For Macy’s
January 04, 2018  |  Retail

Macy’s will shutter approximately 30 stores as the retailer continues to sell its real estate and invest in eCommerce, CNBC reports. As the company moves to...

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Experts Predict More Retail Closures In 2018 Despite Strong Holiday Season
Experts Predict More Retail Closures In 2018 Despite Strong Holiday Season
January 03, 2018  |  Retail

The holiday season is officially over, and the news was better than expected. Sales were up 4.9 percent — the biggest year-over-year uptick since 2011...

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Department Stores Start 2018 With A Bang On Wall Street
Department Stores Start 2018 With A Bang On Wall Street
January 03, 2018  |  Retail

So far, so good for department stores in 2017: Early holiday sales results have spurred enthusiasm on Wall Street, which has turned into a happy...

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Weak Holiday Sales Pressure Toys R Us To Close 100 Stores
Weak Holiday Sales Pressure Toys R Us To Close 100 Stores
December 19, 2017  |  Retail

Embattled toy and game retailer Toys R Us may close 100 U.S. storefronts following weaker-than-expected holiday sales, Bloomberg reported Monday (Dec. 18). Store sales for...

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