Forbes contributors publish independent expert analyses and insights. Nikki Baird is a top global retail innovation and technology advisor. This week’s news continues the muddy waters of combined ...
After losing 17 stores since 2022, the iconic department store chain may not survive beyond this year's holiday shopping ...
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 began as one of the first department stores and expanded into a retail giant with locations across the US. But now it's closing stores and cutting staff. Can Macy's survive the retail ...
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 ...
About 45,000 retail stores may close in the coming years as retail’s physical footprint increasingly shifts to serve as fulfillment and distribution centers, UBS analysts led by Michael Lasser said in ...
Macy’s, like other major department stores, has pared down its store footprint over the years. Former CEO Jeff Gennette early last year said the company had closed 170 locations since 2016 and was in ...
Known for luxury, the Seattle-based department store is growing the physical footprint of its discount chain, with new shops in California, Texas, and elsewhere. On the flip side, one retailer that ...
Iconic Dallas-based luxury department store chain Neiman Marcus will be sold to the parent company of rival Saks Fifth Avenue in a $2.65 billion deal, the two companies confirmed Thursday, a day after ...
Small-format stores are becoming a significant part of the evolution of US retail. Macy's and Best Buy are two prominent retailers who are leaning into the shift. Amid larger department store closures ...
STOUGHTON — Great things may be coming to an end for customers who shop at the Kohl's in Stoughton. That's because the Kohl's building, located at 501 Technology Center Drive, is being advertised as ...
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