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 ...
Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
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 ...
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, ...
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 ...
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 ...
This article, Who Will Bring Plus Size Luxury Fashion to the Department Store Floor? first appeared on The Curvy Fashionista ...