RetailDive

OCTOBER 26, 2022

Mid-tier department stores have seen a greater drop in visits than their luxury counterparts, according to Placer.ai analysis.

Department Stores 111

Department Stores 111

RetailDive

AUGUST 11, 2021

Department stores still have a strong value proposition, if only they can reimagine their experience, write Alvarez and Marsal's Mohit Mohal and Jonathan Sharp.

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Department Stores 129

Retail TouchPoints

AUGUST 19, 2021

Amazon is continuing its advance into brick-and-mortar with plans for a series of large-footprint department store-style locations, according to the Wall Street Journal , which cited people familiar with the matter. The new stores would reportedly help Amazon extend its reach in categories such as clothing , electronics and homewares.

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Department Stores eCommerce Apparel Retail 116

RetailDive

AUGUST 19, 2020

Rumors are circulating about Amazon converting vacant department store space into fulfillment centers — a move experts say would round out its omnichannel approach.

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Department Stores Omnichannel Fulfillment 137

Retail TouchPoints

FEBRUARY 2, 2023

Siman Group , which operates 15 large department stores across Central America, has deployed an item-level RFID solution that has raised its inventory accuracy levels from the 65% to 70% range up to 95%.

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Department Stores Omnichannel Supplies Retail 92

Retail TouchPoints

JULY 27, 2021

Selfridges ’ owners have launched a formal auction to sell the department store chain, which has been valued as high as £4 billion ( $5.5 A successful deal could see two of the UK’s most historic department stores coming together under a single owner. billion U.S. ), according to Yahoo! in January 2021.

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Department Stores Fashion Retail Other 116

RetailWire

AUGUST 28, 2023

department stores, including Macy’s and Nordstrom, are witnessing an increase in credit card delinquencies, which poses a risk to their revenues as consumers scale back discretionary spending before the critical holiday shopping season. Several major U.S.

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Department Stores Consumer 40

RetailWire

SEPTEMBER 16, 2022

Liverpool, the high-end department store chain, has acquired a 9.9 percent stake in Nordstrom. The Mexican company reported double-digit sales growth in the second quarter, which it attributed to its inventory management expertise, solid merchandising and higher prices. ”

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Department Stores Retail Management Article 98

RetailWire

APRIL 10, 2023

The 15,000 jobs added by department stores in March were not enough to offset significant losses in other retail verticals, including appliances, consumer electronics, furniture and home furnishings, according to the Bureau of Labor Statistics. The retail industry lost 15,000 jobs in March.

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Department Stores Home Furnishings Retail Consumer Electronics 52

RetailDive

DECEMBER 20, 2021

The sector is having a good holiday season after bouncing back this year as consumers refreshed their closets. But its problems haven't gone away.

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Department Stores Consumer 134

RetailWire

MARCH 13, 2023

The Toronto Star’s editorial board said that Nordstrom’s decision to close its store in downtown Toronto is the end of an era where department stores were “multi-storied palaces of consumption offering just about any merchandise a shopper might desire.”

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Department Stores Article 40

Retail TouchPoints

SEPTEMBER 29, 2021

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

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Department Stores Retail Arts Fashion 104

RetailWire

APRIL 16, 2021

Nearly 200 department stores have been shuttered over the past year and another 800 are forecast for the same fate by the end of 2025, according to Green Street Advisors.

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Department Stores Retail 52

RetailDive

OCTOBER 7, 2020

The coronavirus pandemic has worsened an existential crisis that deepened over the last 10 years.

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Department Stores 144

RetailWire

APRIL 22, 2021

Americans continue to turn to department stores like Macy’s and Nordstrom when they need to buy non-athletic shoes.

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Department Stores Consumer 52

RetailDive

NOVEMBER 21, 2022

A multi-branded space features shopping experiences from Ralph Lauren, Nespresso and Chanel.

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Department Stores 110

RetailDive

SEPTEMBER 20, 2021

The concept store may prove the company's agility and ability to bring in new audiences.

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Department Stores 135

RetailWire

SEPTEMBER 2, 2021

The California State Senate has passed a bill that, if also passed by the Assembly, would mandate that department stores in the state with 500 or more employees create gender neutral merchandising sections displaying a “a reasonable selection” of items “regardless of whether they have been traditionally marketed for either girls or for boys.”

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Department Stores Apparel Toys Marketing 52

RetailDive

NOVEMBER 1, 2021

Those who've declared the Saks online-offline split a success now want the same for Macy's and Kohl's. Here's why they're vulnerable.

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Department Stores eCommerce 134

RetailDive

AUGUST 29, 2022

As rivals struggle to redefine the legacy model, the Southern chain has stuck with its founding family — and retail fundamentals.

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Department Stores Retail 116

RetailWire

OCTOBER 3, 2023

Macy’s has announced plans to open up to 30 smaller stores in strip malls over the next two years, marking a significant shift for the retailer as it seeks to move away from declining shopping malls. These smaller-format stores, about one-fifth the size of traditional locations, offer a more modern, open layout and focus on.

Department Stores 51

Department Stores Retail 51

Steve Dennis

JANUARY 4, 2018

Amidst reports that holiday spending was up nearly 4.9% , some optimism about the American moderate department store sector has started to creep back in. As I pointed out several months ago , at least two major things must happen before any optimism about the prospects of any of the middle market department store brands is warranted.

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Department Stores Retail Workshop Consumer 76

RetailDive

AUGUST 19, 2021

The e-commerce giant has yet to conquer brick and mortar, but there may be a lot of opportunity to grab share using a model that has let itself go.

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Department Stores eCommerce 131

Retail Technology Review

APRIL 20, 2021

US department store Belk thrived as e-commerce orders surged during the pandemic by having ship-from-store order fulfilment facilities already in place across its 291 store locations with the help of parcel shipping software from Logistyx Technologies.

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Department Stores Shipping eCommerce Order Fulfillment 70

RetailWire

OCTOBER 18, 2021

Saks Fifth Avenue is adding co-working spaces to its department stores. The SaksWorks concept opened for the first time last month with space at the retailer’s flagship store in Midtown Manhattan and another on the site of a former Saks in the Financial District.

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Department Stores Retail Article 40

Steve Dennis

AUGUST 16, 2017

Last week we had five major department stores report their quarterly earnings: Macy’s , Kohl’s , Nordstrom , Dillard’s and JCPenney. The main reason is that department stores failed to innovate. Wall Street seems to think that store closings are a panacea. More rationalization must occur.

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Department Stores eCommerce Retail Consumer 84

RetailDive

JANUARY 28, 2022

The retail giant seems to be taking a page from Target's revamp, which in turn has embraced some of the best elements of old school merchandising.

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Department Stores Retail 122

RetailWire

AUGUST 4, 2020

Department stores in Japan and the UK are able to carve out a clear niche that drives shopper traffic while many of their counterparts are teetering on the edge of extinction. department stores are too stale and slow.”.

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Department Stores Customer 40

RetailDive

OCTOBER 12, 2021

Now it's facing the unfortunate prospect of another retailer's logo splashed upon its hometown flagship, just in time for its famous Thanksgiving parade.

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Department Stores Retail 114

RetailWire

SEPTEMBER 22, 2021

The department store concept Amazon.com is reportedly opening will include high-tech dressing rooms where clothes are brought to customers after they have scanned QR codes on items they’d like to try on. Touchscreens located in dressing rooms may also recommend other choices based on items that customers have initially chosen.

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Department Stores Clothing Recommendation Customer 40

Steve Dennis

MARCH 11, 2018

department stores reported earnings recently, a certain level of ebullience took hold. And in the otherworldliness that is the stock market, Nordstrom — the only department store with a truly distinctive value proposition and objectively good results — traded down on its failure to live up to expectations. As most U.S.

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Department Stores Apparel eCommerce Fashion 89

Steve Dennis

NOVEMBER 4, 2017

It’s been a long, slow slide for department stores. In addition, Sycamore looks to be picking at the carcass of Bon-Ton Stores and Lord & Taylor is selling its iconic Manhattan flagship to WeWork. For many, this unrelenting parade of bad news leads them to believe that department stores are toast.

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Department Stores Apparel Accessories Retail 89

RetailWire

JULY 6, 2020

Mall operators have long counted on anchors, typically department stores, to attract shoppers who also visit other retailers and restaurants on their visits. With a growing number of department stores closing locations or going out of business altogether, malls are having to quickly adapt if they want to survive.

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Department Stores Retail Operations Other 40

RetailWire

DECEMBER 1, 2020

Moderate-income Americans shopped at department stores for decades, but that changed as income disparity hollowed out the nation’s middle class. The result has been record numbers of department store closures in recent years with the number of stores falling from 8,600 in 2011 to 6,000 today.

Department Stores 40

Department Stores 40

RetailDive

MARCH 28, 2023

The retailer is responding to the changing role of stores by putting more tech tools in its associates’ hands.

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Department Stores Retail 97

RetailWire

AUGUST 25, 2021

Kohl’s CEO Michelle Gass isn’t concerned about the recent news that Amazon.com may be considering opening its own department store-like concept. Kohl’s has served as a destination for Amazon.com returns, a relationship that both parties claim to be beneficial. Amazon … they’re always experimenting.

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Department Stores Article 40

RetailDive

JANUARY 10, 2022

At the dawn of the 21st century, the 160-year-old retailer expanded amid the sector's steep decline. What now?

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Department Stores Retail 145