Department Stores

Nordstrom’s Growth Plan Focuses On Digital Strategies, Off-Price Brand
Nordstrom’s Growth Plan Focuses On Digital Strategies, Off-Price Brand
February 04, 2021  |  Retail

Ahead of its Thursday (Feb. 4) meeting with analysts and investors, Nordstrom said it anticipates a 25 percent hike in sales this year as it...

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Neiman Marcus Group To Invest $85 Million In Its Supply Chain
Neiman Marcus Group To Invest $85 Million In Its Supply Chain
January 28, 2021  |  Retail

Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and...

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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...

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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...

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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...

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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...

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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...

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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. Get the Full Story Complete the...

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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...

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