Department Stores

Nordstrom Nears 50 Pct Digital Sales; Total Revenue Still Below Pre-Crisis Level
Nordstrom Nears 50 Pct Digital Sales; Total Revenue Still Below Pre-Crisis Level
May 26, 2021  |  Retail

High-end fashion retailer Nordstrom said on Tuesday (May 25) that its digital transformation efforts saw its eCommerce sales rise 23 percent last quarter, amounting to...

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From BOPIS To Livestreams, Department Stores Go All-In On Digital
From BOPIS To Livestreams, Department Stores Go All-In On Digital
March 22, 2021  |  Retail

In the past four weeks alone, the traditional retailing space has not just been sipping the “Kool-Aid” that is modern online merchandising — it has...

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Nordstrom Debuts Livestream Shopping Channel
Nordstrom Debuts Livestream Shopping Channel
March 17, 2021  |  Retail

Nordstrom is continuing its push to become a digital-first business with the Wednesday (March 17) debut of its livestream shopping channel. Get the Full Story...

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Shopping Mall Solvency Back In Focus
Shopping Mall Solvency Back In Focus
March 08, 2021  |  Retail

When news emerged last week that mall operator Washington Prime Group was considering bankruptcy, few — if any — retail or commercial real estate industry...

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TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
February 25, 2021  |  Retail

Given that roughly 15 percent, or 690, of TJX Corporation’s off-price retail stores in Europe and Canada are currently still closed due to pandemic restrictions,...

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Department Store Retailer Belk Completes Financial Restructuring
Department Store Retailer Belk Completes Financial Restructuring
February 25, 2021  |  Retail

Belk has finished its financial restructuring, working out an accelerated pre-packaged single-day reorganization. The department store retailer’s plan of reorganization garnered near-full support from its...

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Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
February 23, 2021  |  Retail

Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising...

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With 1,100 Stores, Does A Kohl’s Comeback Begin In The Boardroom?
With 1,100 Stores, Does A Kohl’s Comeback Begin In The Boardroom?
February 22, 2021  |  Retail

Macy’s may sell more stuff, but when it comes to store count, Kohl’s is second to none, with 1,100 locations in its portfolio. It’s a...

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Stimulus And eCommerce Surge Lift Dept. Store Sales In January
Stimulus And eCommerce Surge Lift Dept. Store Sales In January
February 08, 2021  |  Retail

Sales at U.S. department stores did something last month they haven’t done in a while: They grew. In fact, the 1.5 percent year-on-year increase posted...

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