Department Stores

JCPenney Debuts Bulk Ordering Tool for Businesses and Nonprofits

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  |  Partnerships

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  |  Retail

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. The company is...

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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. “Last year, JCPenney announced a $1 billion reinvestment plan to further...

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