Department Stores

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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Report: Sycamore Partners Interested in Taking Nordstrom Private
Report: Sycamore Partners Interested in Taking Nordstrom Private
May 03, 2024  |  Retail

Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. Get the Full...

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JCPenney Launches Rewards and Credit Program
JCPenney Launches Rewards and Credit Program
April 17, 2024  |  Loyalty & Rewards

JCPenney has debuted its Rewards and Credit Program, a free loyalty program for customers. Get the Full Story Complete the form to unlock this article...

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Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
March 20, 2024  |  Retail

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity...

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Nordstrom Looks to Digital Transformation to Drive Premium Sales
Nordstrom Looks to Digital Transformation to Drive Premium Sales
March 05, 2024  |  Earnings

As Nordstrom looks to return its full-priced banner to revenue growth, the department store chain is turning to digital technology to meet upscale shoppers’ increasing...

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Macy’s Future Hangs in the Balance as Department Stores Face Reckoning
Macy’s Future Hangs in the Balance as Department Stores Face Reckoning
March 04, 2024  |  Retail

With the rise of eCommerce having transformed the way consumers engage with brick-and-mortar retail, traditional department store chains such as Macy’s are forced to adapt...

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Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
February 27, 2024  |  Retail

Macy’s plans to close 150 of its stores as it focuses on its luxury brands. Get the Full Story Complete the form to unlock this article...

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Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
December 10, 2023  |  Retail

A group of investors reportedly wants to make department store chain Macy’s a private company. Get the Full Story Complete the form to unlock this...

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Macy’s to Triple Number of Small-Format Stores by 2025
Macy’s to Triple Number of Small-Format Stores by 2025
October 03, 2023  |  Retail

Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. Get the Full Story...

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