Big department-store chains from JCPenney to Macy’s are unloading their properties as fast as they can. Dillard’s is buying real estate. The department-store chain this month purchased the Longview ...
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 ...
This is shaping up to be a survival-of-the-fittest year for US department stores. Through interviews with shoppers, retail ...
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 ...
Macy's will set off a wave of change at malls, as it closes about 150 namesake stores across the country by early 2027. The department store operator has long been a mall anchor, with stores that ...
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 ...
Back in the day, department stores were more than just occasional places to shop; they were a part of everyday life. From bargain hunting at Korvette’s to holiday shopping at Marshall Field’s, these ...
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 ...
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