Department stores once sold necessities. Now, many are struggling to remain in business amid the rise of online shopping.
Impulse buying is another hidden expense. Online retailers use recommendations and flash offers designed to keep shoppers ...
From Paris to New York, department stores are sharpening their focus on curated shopping experiences - ice-skating shows, ...
Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...
The discount retailer will reopen as a series of popups, starting with a warehouse sale on Long Island beginning Aug. 22. Loehmann’s, the New York City-based discount department store that had a ...
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 are losing out on retail’s wins, teeing them up for owners to rethink or redevelop the large sites. Once considered a retail necessity to attract shoppers to sprawling malls, the ...
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
This article was featured in One Great Story, New York’s reading recommendation newsletter. Sign up here to get it nightly. Today, doormen accept our Amazon packages, gift cards materialize in our ...
While many department stores are closing, the family-owned Boscov's continues to open new locations. Boscov's employees attribute the chain's success to its focus on customer service. Unlike ...
When it comes to Alabama stores that are greatly missed, there’s a good chance Parisian tops the list for many folks.