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...
Retail, for all intents and purposes, has always been an interdependent system. Supply depends on demand; demand depends on supply; supply depends on the supply...
Kohl’s Corporation decreased its corporate headcount by roughly 15 percent as it took different measures to “further align its cost base” in response to the...
For Macy’s, second-quarter earnings showed better than expected numbers, but they also made it clear that the pandemic continues to be a draining factor –...
The department store sector is in the middle of another tough week, as Nordstrom filed disappointing earnings on Tuesday (Aug. 25) and JCPenney investors look...
Neiman Marcus could exit Chapter 11 in time for holiday shopping. According to the The Dallas Morning News, the luxury retailer is closer to exiting...
More dire warnings for the department store and mall sector showed up this week as the pandemic rages in the majority of U.S. states and...
The gloves are off in the retail landlord leasing battle, with Simon Property Group now suing mall tenants who aren’t paying their rent. On Tuesday...
Reeling from the impact of the coronavirus, department store chains and other retailers are scrambling to offload mountains of now-unwanted clothing and other products. But...