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 ...