Department stores once sold necessities. Now, many are struggling to remain in business amid the rise of online shopping.
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
The discount retailer will reopen as a series of popups, starting with a warehouse sale on Long Island beginning Aug. 22. Loehmann’s, the New York City-based discount department store that had a ...
From Paris to New York, department stores are sharpening their focus on curated shopping experiences - ice-skating shows, ...
Today, it's easy to go on a shopping spree without leaving your couch, but it wasn't long ago that shopping was an event, and heading to a fancy department store might even require getting dressed in ...
Can department stores evolve enough to regain relevance? It might take more than the magic of Macy’s. The reason could be encapsulated in one sobering sentence by Macy’s CEO Tony Spring: The chain had ...
The landscape of American shopping is shifting beneath our feet. Department stores that once anchored malls and served as ...
Retailers are trimming poor performing stores, not shutting down entirely. Nearly 300 locations are closing as chains cut ...
Forbes contributors publish independent expert analyses and insights. I cover major developments in the retail industry. Major department stores are searching for a direction on how to operate in this ...
While many department stores are closing, the family-owned Boscov's continues to open new locations. Boscov's employees attribute the chain's success to its focus on customer service. Unlike ...
NEW YORK — It’s shoppers like Quinn Kelsey who keep department store executives up at night. The 38-year-old Denver resident gets makeup ideas from TikTok videos and other social media content, not ...