Department stores once sold necessities. Now, many are struggling to remain in business amid the rise of online shopping.
Impulse buying is another hidden expense. Online retailers use recommendations and flash offers designed to keep shoppers ...
Macy’s is entering A Bold New Chapter — at least that’s what it calls the strategy it announced on an earnings call Tuesday that was designed to reposition the company. To make that happen, the retail ...
From Paris to New York, department stores are sharpening their focus on curated shopping experiences - ice-skating shows, ...
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 ...
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 ...
Department stores are losing out on retail’s wins, teeing them up for owners to rethink or redevelop the large sites. Once considered a retail necessity to attract shoppers to sprawling malls, the ...
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 ...
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 ...
When it comes to Alabama stores that are greatly missed, there’s a good chance Parisian tops the list for many folks.