From Paris to New York, department stores are sharpening their focus on curated shopping experiences - ice-skating shows, ...
After a relatively stable 2022, store closures are expected to pick up again in 2023 — and department stores will likely lead the way. As retailers face challenges in traffic, sales and margins going ...
It’s been another rough year at U.S. department stores so far, at least for those making their financial filings public. Several of them — public and private — have embarked on turnarounds or are ...
Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department store industry in decades of decline. The gradual demise of the ...
Sales, profits and margins have been stronger at off-pricers, and that won’t change any time soon, according to a UBS report this week. The simultaneous rise of off price and decline of full-line ...
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