Kohl’s has been the recipient of takeover bids from private equity firm Sycamore Partners and Franchise Group, a retail holding company, The Wall Street Journal...
A trio of key trends could help department stores recharge the stagnant sector. Plus, the retail industry fights against the viral spread of smash-and-grab incidents,...
The majority of consumers shop both in-person and virtually. According to PYMNTS data, 88% of consumers make an in-store purchase daily, weekly or monthly. Sixty-three...
Buy now, pay later (BNPL) platform Afterpay and Belk department stores on Tuesday (Dec. 7) unveiled a flexible payment program for online and in-store shoppers,...
With the second-largest U.S. department store chain now officially in play thanks to the familiar-sounding demands of activist investor Engine Capital to spin off Kohl’s...
It’s a bad day to be Nordstrom. Beyond the 30% single-day drop in its stock, the Seattle-based operator of 100 flagship luxury department stores has...
Nordstrom, Inc. executives know they have to make changes to bring customers back and return to the profitability of 2019, before the COVID-19 pandemic transformed...
It’s always the unexpected things, it seems, that cause the worst problems. At a time when the retail industry and shopping public are laser-focused on...