So far this year, several national retailers have filed for bankruptcy and closed some, if not all, of their doors. But it’s not just mega chains like Kmart, Macy’s, and The Limited that are hurting, regional chains are also feeling the pressure. To that end: off-price department store chain Gordmans is reportedly preparing to file for bankruptcy. [More]
For every retailer like REI, hhgregg, and TJMaxx that proudly announces they are bucking the trend of opening their doors on Thanksgiving Day, there’s a counterpart sticking to its guns and opening to holiday shoppers on an actual holiday. To that end: Sears will open at 6 p.m. on Thanksgiving. [More]
Last year, Macy’s dipped its toes into the waters of discount retailing by opening six off-price offshoots called Backstage, and announced the closure of 40 struggling locations of its namesake store. Now it appears the retail company plans to meld those two things by opening 15 Backstage stores inside existing locations, and opening one standalone discount location. [More]
Shoppers heading to Macy’s generally plan to update the items hanging in their closets, not the electronics littering their living rooms. But that could soon be changing, as the department store plans to house Best Buy outlets in several locations starting this fall. [More]
Looking for a new outfit? You’ve got two options: Quickly buy online and hope what you purchase fits (and looks good on you), or go to the store and spend time scouring racks before trying things on to see if they fit and flatter. In an attempt to mesh the convenience of online shopping with the confidence of buying after trying, Macy’s is revamping its dressing rooms for the current generation of shopper.
Six big retailers are selling jackets advertised as having “faux” fur, but the fur is actually from real animals. It’s not only mean, it’s a violation of the federal Fur Products Labeling Act. An investigation by the Humane Society of The United States * found jackets sold at Saks, Neiman Marcus, Lord & Taylor, Dillards, Yoox and Bloomingdales containing the faux “faux” fur. Much of the world’s fur is processed in China, a place where they skin animals alive for their fur.