Department Stores

Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
February 23, 2021  |  Retail

Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising...

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With 1,100 Stores, Does A Kohl’s Comeback Begin In The Boardroom?
With 1,100 Stores, Does A Kohl’s Comeback Begin In The Boardroom?
February 22, 2021  |  Retail

Macy’s may sell more stuff, but when it comes to store count, Kohl’s is second to none, with 1,100 locations in its portfolio. It’s a...

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Stimulus And eCommerce Surge Lift Dept. Store Sales In January
Stimulus And eCommerce Surge Lift Dept. Store Sales In January
February 08, 2021  |  Retail

Sales at U.S. department stores did something last month they haven’t done in a while: They grew. In fact, the 1.5 percent year-on-year increase posted...

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Nordstrom’s Growth Plan Focuses On Digital Strategies, Off-Price Brand
Nordstrom’s Growth Plan Focuses On Digital Strategies, Off-Price Brand
February 04, 2021  |  Retail

Ahead of its Thursday (Feb. 4) meeting with analysts and investors, Nordstrom said it anticipates a 25 percent hike in sales this year as it...

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Neiman Marcus Group To Invest $85 Million In Its Supply Chain
Neiman Marcus Group To Invest $85 Million In Its Supply Chain
January 28, 2021  |  Retail

Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and...

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Macy’s To Close 45 Additional Stores
Macy’s To Close 45 Additional Stores
January 06, 2021  |  Retail

As part of a three-year roadmap to close stores, Macy’s reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store...

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Risky Business: Malls See Late Holiday Surge Despite Pandemic
Risky Business: Malls See Late Holiday Surge Despite Pandemic
January 04, 2021  |  Retail

With the holidays all over except for the returns, it’s time for the troubled mall sector to face the existential crisis that it avoided thanks...

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Nordstrom Launches Same-Day Gift-Delivery Service In New York City
Nordstrom Launches Same-Day Gift-Delivery Service In New York City
December 18, 2020  |  Delivery

Nordstrom is leveraging the coronavirus-fueled appetite for digital shopping and same-day delivery by rolling out a service that will deliver through Christmas Eve in the...

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Department Stores Adapt to Difficult Season, Count On Revenge Shopping
Department Stores Adapt to Difficult Season, Count On Revenge Shopping
December 14, 2020  |  Retail

There are less than two weeks until Christmas, and the retail industry, as per usual in 2020, finds itself in uncharted territory. The season has...

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