Department stores
JCPenney Remains a Question Mark
JCPenney sees gains in new customer acquisition and traffic trends, but sales are down and it is still…
Alibaba to Sell Department Store Chain Intime for $1 Billion, Booking $1.3 Billion Loss
Alibaba will offload Intime to Youngor, the Ningbo-based fashion group, and members of the Intime management…
Stores Confront the Complicated Problem of Organized Retail Crime
Retailers are pushing for tougher laws and putting goods under lock and key as they look to combat…
Gift Cards and Apparel Top Consumers’ Shopping Lists for Holiday 2024
An ICSC survey of more than 1,000 U.S. consumers reveals what categories will receive the biggest portions of…
Dillard’s Reports Declines in Income, Sales in Q3
Cosmetics were strong in the period while juniors', kids' and men's apparel were weak.
Erik and Pete Nordstrom Offer $3.8 Billion to Purchase Namesake Retailer
Other members of the Nordstrom family, along with Mexican retailer Liverpool, are participating in the offer…
Nordstrom Scraps Plans for Pacific Northwest Fulfillment Center
Additionally, Macy's says it is deploying mitigation strategies to offset elevated ocean transit times and…
What Dillard’s Q2 Miss Says About Apparel Sales, Gross Margins
Dillard's Q2 report suggests consumers aren't focused on apparel purchases; a UBS analyst says department…
Retail Added 12,600 Jobs to Ranks In May
Even though the pace of retail job growth has slowed, the strength of the US labor market has help retail add…
Dillard’s Focus on Profitable Sales Boosts Q1 Margins
Dillard's posted a 1.5% decline in retail sales and a 2% fall in comparable store sales but still saw its…
Exclusive: Neiman Marcus Beverly Hills Now Has the Retailer’s Largest Shoe Department After Remodel
The store's new shoe salon area grew 18 percent to over 7,000-sq.-ft. from the prior space.
What Home Categories Are Performing Best in Department Stores
Helped by new areas of growth, department stores were able to adapt to inflation, said the Paris-based…
Macy’s to Downsize Fulfillment Operations in $235M Cost Cut
The retailer has not disclosed how many DCs it will close, but plans to save costs by increasing automation…
Trend to ‘Semi-Formal’ is Driving Menswear Sales in Department Stores
The International Association of Department Stores said office wear now accounts for 24 percent of the…
Department Stores Fighting for Relevance in 2024
While continuing to show declines, Macy's, Nordstrom, JCPenney and Kohl's are hoping turnaround initiatives…