RetailWire

SEPTEMBER 6, 2024

Von Maur Department Store has been named America’s Best Department Store for the third year in a row by Newsweek.

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Department Stores 105

RIS News

SEPTEMBER 27, 2023

RIS breaks out the Top 5 Department Stores from the full Top 100 list — a world that has had to continually evolve to adapt to the changing retail landscape.

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Department Stores Retail 101

RTP blog

JULY 17, 2019

The report that Barneys New York is examining strategic alternatives that could include a bankruptcy or sale is the latest indicator that department stores — even the luxury ones — just aren’t moving the needle for shoppers. With that said, it’s obvious changes need to be made if these retailers want their remaining stores to matter.

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Department Stores eCommerce Specialty Retailers Social Media 150

Retail TouchPoints

SEPTEMBER 29, 2021

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

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Department Stores Arts Retail Fashion 278

RetailDive

MARCH 15, 2021

Big boxes, specialty stores and discounters have stolen share from department stores for years. Now some, most notably Target, are stealing their merchandising playbook too.

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Department Stores 139

RetailDive

OCTOBER 7, 2024

The segment is undergoing a quiet shakeup in 2024, with major players pursuing varying degrees of change to their operations.

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Department Stores Operations 133

RetailDive

SEPTEMBER 12, 2023

Olivier Bron, with stints at Central and Robinson Department Stores in Thailand and Galeries Lafayette in Paris, replaces longtime chief Tony Spring.

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Department Stores 121

RetailWire

DECEMBER 27, 2022

The Ames Department Stores discount chain, founded in Massachusetts in 1958, ran over 700 stores in 20 states at its peak but after a couple of bankruptcy filings went out of business in 2002. Recently, however, a notice appeared on amesstores.com announcing that new Ames stores will open in 2023.

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Department Stores Other Article 98

RetailDive

AUGUST 11, 2021

Department stores still have a strong value proposition, if only they can reimagine their experience, write Alvarez and Marsal's Mohit Mohal and Jonathan Sharp.

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Department Stores 131

RetailWire

MAY 20, 2024

Bruce Nordstrom, a retail executive who played a key role in transforming his family's department store chain into a prestigious national brand, has passed away.

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Department Stores Retail 52

RetailDive

OCTOBER 26, 2022

Mid-tier department stores have seen a greater drop in visits than their luxury counterparts, according to Placer.ai analysis.

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Department Stores 118

RetailDive

AUGUST 19, 2020

Rumors are circulating about Amazon converting vacant department store space into fulfillment centers — a move experts say would round out its omnichannel approach.

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Department Stores Omnichannel Fulfillment 137

365 Retail

JUNE 22, 2021

Unfortunately for many department stores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable. So, what is to become of these extinct department stores?

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Department Stores Leisure Outdoor Reference 67

365 Retail

SEPTEMBER 15, 2021

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

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Department Stores Outdoor Food and Beverages Payment Services 73

RetailWire

SEPTEMBER 16, 2022

Liverpool, the high-end department store chain, has acquired a 9.9 percent stake in Nordstrom. The Mexican company reported double-digit sales growth in the second quarter, which it attributed to its inventory management expertise, solid merchandising and higher prices. ”

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Department Stores Management Retail Article 98

RetailDive

OCTOBER 17, 2024

In response to higher costs, shoppers will spend more time looking for deals this season, according to an ICSC survey.

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Department Stores Consumer 118

Retail TouchPoints

OCTOBER 24, 2024

His previous retail experience includes leadership positions at JCPenney, Payless ShoeSource, Home Shopping Network, May Department Stores and McKinsey & Co. Most recently, Hicks served as CEO of Academy Sports + Outdoors as well as CEO of Foot Locker. He is a U.S. Military Academy graduate who served in the U.S.

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Department Stores Outdoor Home Shopping Retail 259

Retail TouchPoints

NOVEMBER 15, 2024

Saks Fifth Avenue’s parent company, HBC , announced its plans to acquire competing luxury department store Neiman Marcus in July 2024 for $2.65 Although the luxury department store is cutting back on the light show, it will continue its holiday windows tradition and add the usual seasonal design touches indoors.

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Department Stores Gifts Retail Other 264

Retail TouchPoints

JULY 5, 2024

Marking the culmination of nearly seven years of on-again, off-again negotiations, HBC , parent company of Saks Fifth Avenue and Bergdorf Goodman , will acquire another storied luxury department store brand, Neiman Marcus , for $2.65 Current Saks.com CEO Marc Metrick will become Saks Global’s new CEO.

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Department Stores Banking Technology Operations 306

RetailWire

AUGUST 28, 2023

department stores, including Macy’s and Nordstrom, are witnessing an increase in credit card delinquencies, which poses a risk to their revenues as consumers scale back discretionary spending before the critical holiday shopping season. Several major U.S.

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Department Stores Consumer 40

RetailWire

APRIL 10, 2023

The 15,000 jobs added by department stores in March were not enough to offset significant losses in other retail verticals, including appliances, consumer electronics, furniture and home furnishings, according to the Bureau of Labor Statistics. The retail industry lost 15,000 jobs in March.

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Department Stores Home Furnishings Other Consumer Electronics 52

Retail TouchPoints

APRIL 19, 2024

The Nordstrom board made clear that forming the committee was no guarantee that the department store retailer would pursue “any particular transaction or other strategic outcome,” according to a company statement. However, the committee has retained Morgan Stanley & Co.

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Department Stores Other Retail Marketing 278

RetailDive

NOVEMBER 9, 2023

The retailer has been a standout in a challenged segment, but finally felt the brunt of consumer skittishness in the period.

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Department Stores Consumer Retail 115

RetailDive

DECEMBER 20, 2021

The sector is having a good holiday season after bouncing back this year as consumers refreshed their closets. But its problems haven't gone away.

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Department Stores Consumer 135

RetailDive

SEPTEMBER 3, 2024

TJX, Ross and Burlington all enjoyed higher sales and profits in the second quarter.

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Department Stores Marketing Retail 128

Retail TouchPoints

OCTOBER 8, 2024

Department store retailer Belk has debuted the Belk Media Network using technology from Criteo , offering brands and agencies access to its audience of high-earning, predominantly women shoppers via ads on its owned-and-operated properties.

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Department Stores Retail Operations Technology 263

RetailWire

APRIL 22, 2021

Americans continue to turn to department stores like Macy’s and Nordstrom when they need to buy non-athletic shoes.

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Department Stores Consumer 52

RetailDive

DECEMBER 11, 2023

The company’s real estate, and not its retail operations, are likely motivating the offer, which the would-be suitors may be willing to increase.

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Department Stores Operations Retail 118

RetailDive

OCTOBER 7, 2020

The coronavirus pandemic has worsened an existential crisis that deepened over the last 10 years.

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Department Stores 145

RetailWire

MARCH 13, 2023

The Toronto Star’s editorial board said that Nordstrom’s decision to close its store in downtown Toronto is the end of an era where department stores were “multi-storied palaces of consumption offering just about any merchandise a shopper might desire.”

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Department Stores Article 40

RetailWire

SEPTEMBER 2, 2021

The California State Senate has passed a bill that, if also passed by the Assembly, would mandate that department stores in the state with 500 or more employees create gender neutral merchandising sections displaying a “a reasonable selection” of items “regardless of whether they have been traditionally marketed for either girls or for boys.”

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Department Stores Toys Apparel Marketing 52

Steve Dennis

JANUARY 4, 2018

Amidst reports that holiday spending was up nearly 4.9% , some optimism about the American moderate department store sector has started to creep back in. As I pointed out several months ago , at least two major things must happen before any optimism about the prospects of any of the middle market department store brands is warranted.

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Department Stores Workshop Games Supplies 76

Steve Dennis

AUGUST 16, 2017

Last week we had five major department stores report their quarterly earnings: Macy’s , Kohl’s , Nordstrom , Dillard’s and JCPenney. The main reason is that department stores failed to innovate. Wall Street seems to think that store closings are a panacea. More rationalization must occur.

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Department Stores eCommerce Consumer Channel 84

Retail TouchPoints

FEBRUARY 9, 2024

In late 2022, Neiman Marcus Group (NMG) entered a long-term agreement with Farfetch that saw the marketplace invest $200 million in the department store chain. The moves by Neiman and Kering follow the contentious sale of Farfetch to South Korean ecommerce company Coupang , which was completed on Jan.

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Department Stores Fashion eCommerce Operations 278

RetailDive

JULY 25, 2024

The team discusses a barrage of news from several players in a retail space that has been written off many times.

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Department Stores Retail 105

Retail Technology Review

APRIL 20, 2021

US department store Belk thrived as e-commerce orders surged during the pandemic by having ship-from-store order fulfilment facilities already in place across its 291 store locations with the help of parcel shipping software from Logistyx Technologies.

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Department Stores Shipping Technology eCommerce 70

Retail TouchPoints

SEPTEMBER 29, 2023

Kohl’s has hired a new Senior EVP and Director of Stores to help improve brick-and-mortar sales and productivity. Fred Hand, who has deep experience with discount and department store brands, is now overseeing the retailer’s 1,100+ stores, store operations and experience, loss prevention and store experience and design functions.

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Department Stores Omnichannel Operations Improvements 264