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 ...
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.
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 ...
The leaders of Nordstrom and Selfridges are dealing with tariffs, a tough economy and a fight for relevance. By Jordyn Holman In department stores, Jordyn Holman starts at the first-floor beauty ...
After a slew of department stores shuttered last year, including the liquidation of Canadian icon Hudson Bay, more are set to close in 2026 — and probably every year for years to come. Mall anchor ...
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