Macy's disappointing holiday sales are less about the consumer and more about department stores' relevance these days, former retail CEO and Target executive Gerald Storch told CNBC on Thursday.
Christmas shopping used to mean packed department store counters with last-minute gift seekers jostling beneath twinkling lights and towering holiday displays. Now, Christmas spending has moved ...
Saks Global, the company that owns Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, filed for bankruptcy protection late Tuesday, crumbling under billions of dollars in debt, a fraying ...
Four major mainstream U.S. department store chains reported their second quarter financials in the past week. Although individually not too remarkable, collectively the results tell a story of a ...
Lombard, IL, USA - Von Maur, founded in 1872, is an American department store chain with 39 locations in 17 states. Recent $100M+ renovations have introduced curated national brands with "linger" ...
Walk up a marble double staircase, step off onto the second floor and follow the faint scent of perfume to the fragrance counter. You may be tempted to shop but, our apologies, your credit card is no ...
With most of America’s department store chains now stabilized — excluding Saks Fifth Avenue and Neiman Marcus — the outlook for 2026 appears to be good. The sector is positioned to replicate the ...
When Saks Global filed for Chapter 11 bankruptcy protection in January, it raised uncomfortable questions about the viability of the American department store. Can a retail model built on volume and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results