Department Stores

Amazon Hatching Strategy To Open Mega Brick-and-Mortar Stores 
Amazon Hatching Strategy To Open Mega Brick-and-Mortar Stores 
August 19, 2021  |  Retail

Amazon has plans in the works to launch several brick-and-mortar retail locations that will operate similar to department stores. They will likely roll out initially...

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A Year After Exiting Bankruptcy, A More Focused Neiman Marcus Emerges
A Year After Exiting Bankruptcy, A More Focused Neiman Marcus Emerges
August 13, 2021  |  Retail

Nearly a year after emerging from Chapter 11 bankruptcy, Neiman Marcus is reemerging with a new marketing campaign meant to reintroduce the brand to the...

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Macy’s Courts Millennials With New Private Brand
Macy’s Courts Millennials With New Private Brand
July 20, 2021  |  Retail

A new private brand from Macy’s Inc. launching this week follows the company’s pre-pandemic plans for reinvention, as the brand that defined “department store” transitions...

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Nordstrom Nears 50 Pct Digital Sales; Total Revenue Still Below Pre-Crisis Level
Nordstrom Nears 50 Pct Digital Sales; Total Revenue Still Below Pre-Crisis Level
May 26, 2021  |  Retail

High-end fashion retailer Nordstrom said on Tuesday (May 25) that its digital transformation efforts saw its eCommerce sales rise 23 percent last quarter, amounting to...

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From BOPIS To Livestreams, Department Stores Go All-In On Digital
From BOPIS To Livestreams, Department Stores Go All-In On Digital
March 22, 2021  |  Retail

In the past four weeks alone, the traditional retailing space has not just been sipping the “Kool-Aid” that is modern online merchandising — it has...

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Nordstrom Debuts Livestream Shopping Channel
Nordstrom Debuts Livestream Shopping Channel
March 17, 2021  |  Retail

Nordstrom is continuing its push to become a digital-first business with the Wednesday (March 17) debut of its livestream shopping channel. As CNBC reported, the...

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Shopping Mall Solvency Back In Focus
Shopping Mall Solvency Back In Focus
March 08, 2021  |  Retail

When news emerged last week that mall operator Washington Prime Group was considering bankruptcy, few — if any — retail or commercial real estate industry...

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TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
February 25, 2021  |  Retail

Given that roughly 15 percent, or 690, of TJX Corporation’s off-price retail stores in Europe and Canada are currently still closed due to pandemic restrictions,...

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Department Store Retailer Belk Completes Financial Restructuring
Department Store Retailer Belk Completes Financial Restructuring
February 25, 2021  |  Retail

Belk has finished its financial restructuring, working out an accelerated pre-packaged single-day reorganization. The department store retailer’s plan of reorganization garnered near-full support from its...

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