Saks Fifth Avenue’s bankruptcy filing has revived debates about how these once celebrated shopping emporiums can regain their luster.
The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.
The Nordstrom family wants to take the company private and has formed a special committee to evaluate bids. The 123-year-old department store unsuccessfully tried to take the company private in 2017.
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 ...
Department stores have finished their 2025 holiday season and are regrouping by slashing product prices and also closing underperforming stores to cut costs. Retailers are hoping to start the year ...
PHILADELPHIA − A crowd waited outside Macy's for the doors to open on a cloudy, foggy Tuesday morning a couple of weeks before Christmas. Some were there to shop, but others, such as Bryan and Amanda ...
Our first story on memories of Delaware department store restaurants received such a big response, we decided to do it again.
Generally considered the world’s first department store, Le Bon Marché in Paris spurred a retail revolution when it began its incredible expansion in the late 19th century. The stores that followed on ...