Department Stores

Nordstrom Looks to Digital Transformation to Drive Premium Sales

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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JCPenney’s $1 Billion Retail Revamp Focuses on Consumer Rewards and Inclusivity 
JCPenney’s $1 Billion Retail Revamp Focuses on Consumer Rewards and Inclusivity 
September 06, 2023  |  Retail

The JCPenney Co. has announced an investment exceeding $1 billion to enhance customer experience and operations.  Get the Full Story Complete the form to unlock this article...

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Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
July 31, 2023  |  Retail

Seven years after their valuations peaked, America’s malls are on the ropes. Get the Full Story Complete the form to unlock this article and enjoy...

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As Retail Sales Miss Expectations, Is a Summer Slowdown in Sight?
As Retail Sales Miss Expectations, Is a Summer Slowdown in Sight?
July 18, 2023  |  Economy

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