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...
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...
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...
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...
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...
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...
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...
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...
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...