June’s retail sales report missed expectations — and it may be the case that tepid consumer spending, while still increasing, may wind up causing a...
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Marking a significant shift in retailer strategy, major stores...
Nordstrom, the retailer once known for luxury and exceptional service, has turned to deep discounts to move inventory, at the expense of lower sales and...
Department stores are adapting to slowing consumer demand by shrinking their operations. Macy’s is rolling out smaller format stores, while Nordstrom is ending its operations...
The recovery of physical retail is also bringing new levels of innovation and experimentation to the in-store experience as the online and physical worlds meet...
Dilliard’s has reported sales growth after suffering the same holiday downturn as other department stores. The 85-year-old retailer released earnings figures Tuesday (Feb. 21) that...
Are malls the canary in the commercial real estate coal mine? A recent Bloomberg News report warns that the collapse of the American mall industry...
Two high-end department stores reportedly have a closer relationship now, as the parent company of Mexican chain Liverpool has reportedly acquired a 9.9% passive stake...