Department Stores

Macy’s To Close 45 Additional Stores
Macy’s To Close 45 Additional Stores
January 06, 2021  |  Retail

As part of a three-year roadmap to close stores, Macy’s reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store...

READ MORE >
Risky Business: Malls See Late Holiday Surge Despite Pandemic
Risky Business: Malls See Late Holiday Surge Despite Pandemic
January 04, 2021  |  Retail

With the holidays all over except for the returns, it’s time for the troubled mall sector to face the existential crisis that it avoided thanks...

READ MORE >
Nordstrom Launches Same-Day Gift-Delivery Service In New York City
Nordstrom Launches Same-Day Gift-Delivery Service In New York City
December 18, 2020  |  Delivery

Nordstrom is leveraging the coronavirus-fueled appetite for digital shopping and same-day delivery by rolling out a service that will deliver through Christmas Eve in the...

READ MORE >
Department Stores Adapt to Difficult Season, Count On Revenge Shopping
Department Stores Adapt to Difficult Season, Count On Revenge Shopping
December 14, 2020  |  Retail

There are less than two weeks until Christmas, and the retail industry, as per usual in 2020, finds itself in uncharted territory. The season has...

READ MORE >
Frasers Group Could Purchase Debenhams Department Store Chain
Frasers Group Could Purchase Debenhams Department Store Chain
December 07, 2020  |  Retail

In a potential rescue arrangement that could grow its reach on the U.K. high street, Frasers Group said it is in talks to purchase the Debenhams department...

READ MORE >
Kohl’s Teams With Sephora To Launch In-Store Shops
Kohl’s Teams With Sephora To Launch In-Store Shops
December 01, 2020  |  Retail

Kohl’s and Sephora are partnering for a long term shop-in-shop strategy to enhance the selection of available beauty products. The “Sephora at Kohl’s” concept joins...

READ MORE >
Macy’s, Nordstrom, Other Department Stores Need Better Drama Quotient
Macy’s, Nordstrom, Other Department Stores Need Better Drama Quotient
November 23, 2020  |  Retail

It’s hard to find things to like about the department store sector these days. Macy’s reported earnings last week, and it didn’t help naysayers change...

READ MORE >
Dillard’s Surprises Department Store Sector By Posting A Profit
Dillard’s Surprises Department Store Sector By Posting A Profit
November 13, 2020  |  Retail

A department store reported a profitable Q3 this week. Really. The beleaguered sector, which has produced bankruptcies more than success stories, was redeemed by Dillard’s...

READ MORE >
Macy’s Invests In BNPL Firm Klarna
Macy’s Invests In BNPL Firm Klarna
October 06, 2020  |  Retail

Macy’s Inc. has become an investor in international payments and shopping service Klarna, according to a Tuesday (Oct. 6) announcement. Klarna also announced that it...

READ MORE >