Saks Global, which owns Saks Fifth Avenue and Bergdorf Goodman, is on its way to financial restructuring in the wake of a ...

Department stores once sold necessities. Now, many are struggling to remain in business amid the rise of online shopping.

By Alessandro Parodi and Tassilo Hummel Jan 9 (Reuters) - From Paris to New York, department stores are sharpening their ...

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 ...

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

Department store chains like to begin the new year with a fresh start after the holiday season rush and feature some significant clearance sales. All of these department store retailers are looking to ...

Macy’s is entering A Bold New Chapter — at least that’s what it calls the strategy it announced on an earnings call Tuesday that was designed to reposition the company. To make that happen, the retail ...

Forbes contributors publish independent expert analyses and insights. I cover major developments in the retail industry. Major department stores are searching for a direction on how to operate in this ...

For 127 years, shopping on Chicago’s State Street meant one thing: Marshall Field’s, the hallmark department store that has stood at that address since the White Sox were the White Stockings. Come ...

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 ...

Our first story on memories of Delaware department store restaurants received such a big response, we decided to do it again.