Saks Global is reportedly plotting a luxury-focused revival as it emerges from bankruptcy. The company, owner of department stores Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has structured its debt, shuttered dozens of stores and cut jobs since seeking bankruptcy protection in January, The...
When it comes to retail store openings, 2026 could be a mixed bag. Net closings are expected this year for the luxury and department store sectors, Retail Dive reported last week, citing data from the Telsey Advisory Group. At the same time, store count for...
In 2026, online and digitally-influenced retail finally surpasses brick-and-mortar sales in the categories that matter most to modern retail. This moment has been years in the making, obscured less by consumer behavior than by how the industry measures itself.
Kohl’s interim CEO Michael Bender is now officially the retailer’s CEO. The company announced the change Monday (Nov. 24), nearly seven months after picking Bender to fill-in after the company fired former CEO Ashley Buchanan. Kohl’s said it worked with a third-party firm and conducted...
January 09, 2026
In 2026, online and digitally-influenced retail finally surpasses brick-and-mortar sales in the categories that matter most to modern retail. This moment has been years in the making, obscured less by consumer behavior than by how the industry measures itself.
March 03, 2025
Talk about business uncertainty: Fashion wholesale is a business that lives with the constant fear of changing styles, fickle consumer tastes and a retail base that’s made up of department...
January 03, 2025
Paco Underhill is a name synonymous with the evolution of retail spaces, particularly malls. As an environmental psychologist, retail consultant and the author of “Why We Buy,” Underhill has dedicated...
July 18, 2023
June’s retail sales report missed expectations — and it may be the case that tepid consumer spending, while still increasing, may wind up causing a buildup of inventory on merchants’...
August 26, 2026
Kohl’s sales continue to slip as its shoppers continue to face household budgetary pressures. The department store chain reported quarterly earnings Wednesday (Aug. 26) showing a 0.9% decrease in both net and comparable sales, marking the 18th straight quarter in which Kohl’s has seen revenues decline. Speaking during an earrings call, Kohl’s CEO Michael Bender […]
June 28, 2026
Saks Global is reportedly plotting a luxury-focused revival as it emerges from bankruptcy. The company, owner of department stores Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, has structured its...
January 25, 2026
When it comes to retail store openings, 2026 could be a mixed bag. Net closings are expected this year for the luxury and department store sectors, Retail Dive reported last...
November 24, 2025
Kohl’s interim CEO Michael Bender is now officially the retailer’s CEO. The company announced the change Monday (Nov. 24), nearly seven months after picking Bender to fill-in after the company...
