A group of investors reportedly wants to make department store chain Macy’s a private company. Real estate investment firm Arkhouse Management and Brigade Capital Management,...
Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. This move could triple...
The JCPenney Co. has announced an investment exceeding $1 billion to enhance customer experience and operations. This signifies the latest step in the ongoing efforts to revive...
Seven years after their valuations peaked, America’s malls are on the ropes. As The Wall Street Journal (WSJ) reported Monday (July 31), the country’s older and lower-end...
June’s retail sales report missed expectations — and it may be the case that tepid consumer spending, while still increasing, may wind up causing a...
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Marking a significant shift in retailer strategy, major stores...
Nordstrom, the retailer once known for luxury and exceptional service, has turned to deep discounts to move inventory, at the expense of lower sales and...
Department stores are adapting to slowing consumer demand by shrinking their operations. Macy’s is rolling out smaller format stores, while Nordstrom is ending its operations...
The recovery of physical retail is also bringing new levels of innovation and experimentation to the in-store experience as the online and physical worlds meet...