department stores

Phillip Pessar/a>

Report: Hudson’s Bay In Talks To Buy Neiman Marcus

A month after Saks Fifth Avenue and Gilt parent company Hudson’s Bay was reported to be sniffing around Macy’s, the high-end retail giant is now apparently moving on to more luxurious pastures, with news that it is considering a purchase of newly available Neiman Marcus. [More]

Mike Mozart

JCPenney To Bring Appliances To 100 More Stores, Add Brands

While JCPenney recently announced plans to close more than 130 stores and offer early retirement to employees to cut its staff, the department store chain also has some good news. It is expanding appliance showrooms to an additional 100 stores for a total of 600, and adding more brands to its offerings. [More]

Alan Rappa

Kohl’s & Macy’s Looking For Roommates To Help Pay The Rent

The department store business model isn’t quite working in our current retail environment, so two of the country’s larger chains are thinking about taking on some roommates to help pay the bills. Both Kohl’s and Macy’s plan to do business in a smaller part of their existing stores if someone will rent them. [More]

Nicholas Eckhart

JCPenney To Close 130 to 140 Stores Over Next Few Months

This morning, JCPenney revealed plans to shutter more than 100 stores, putting it in the unwelcome company of other anchor store stalwarts — like Sears and Macy’s — who have recently begun paring down their retail footprint. [More]

The Caldor Rainbow

Macy’s Will Add 34 More Stores To The Garbage Heap “Over The Next Few Years”

Just last month, Macy’s announced that it would be shutting down 68 stores across the country. Today, the retailer clarified its previously disclosed plans to eventually close a total of around 100 locations by confirming that 34 Macy’s stores will be tossed on the garbage pile “over the next few years.” [More]

Mike Mozart

JCPenney And Macy’s Settle Long-Running Lawsuit Over Martha Stewart Housewares

Does it feel like 2012 was very long ago? That’s when JCPenney and Macy’s began their dispute over who has the right to sell Martha Stewart’s branded housewares in their stores. The two chains have finally decided to settle the case, though the terms weren’t disclosed. [More]

Great Beyond

Macy’s Sell Frango Chocolate Brand To Garrett Popcorn Owner

More than a decade after Macy’s inherited much-adored chocolate brand Frango from Marshall Field & Co., the struggling department store is selling the label to the owner of Garrett Popcorn.  [More]

From Cash Registers To Escalators To Shopping Carts: 11 Important Firsts In Bricks-And-Mortar Retail History

From Cash Registers To Escalators To Shopping Carts: 11 Important Firsts In Bricks-And-Mortar Retail History

These days you can shop from the comfort your couch in your soft pants, ordering up a flat of cat food, paper towels, and a smartphone with one click. So it’s easy to forget that once upon a time shopping at retail stores wasn’t a necessary evil, but an “experience” that many of us actually enjoyed. [More]

kaleidoscopist

Macy’s Profits Drop, But At Least It Still Has Real Estate To Sell

As a venerable department store chain with stores in large and small cities, Macy’s has an important advantage when its sales slump: it has a lot of stores, land, and ground leases that it owns and can sell when it needs to raise some cash. The company’s rainy day has come, and it’s time to cash in that property. [More]

raneko

Kohl’s Will Start Selling Apple Watches, Market Them As Fitness Products

Just over a year ago, Apple expanded sales of its Watch to Best Buy and to Target, seeking new markets for its wrist computer. Now the company is expanding availability to department stores, so far reaching Macy’s and Kohl’s this fall. [More]

vsmoothe

Luxury Retailers Offering Fewer Handbag Choices This Holiday Season Amid Lack Of Demand

Luxury labels are having a rough go of it lately, what with fewer tourists flocking to department stores and slowing traffic at standalone stores. So if you’re looking for a wide variety of handbag options this holiday season, you might be limited in your choices: the luxury retailers that usually peddle high-end handbags are trimming their lineups. [More]

Jason Cook

Department Stores Remember That You Can’t Get Spa Treatments Or Lunch On Amazon

You can now order just about anything online, but there are some things that can’t be delivered in a box on your doorstep. If department stores and their business model are going to survive, experts say, they need to change their offerings and sell more products that can’t be purchased online. [More]

J.G. Park

Fashion Brands Don’t Want To Go To Macy’s, Either

We’ve been discussing lately about how customers don’t seem to want to shop in department stores, which means that malls don’t want or need them to draw customers. It turns out that brands have soured on department stores too, since having items inevitably end up on sale cheapens their brands everywhere. Where does that leave department stores? Closing a lot of stores and figuring out how to go forward. [More]

scrappy

JCPenney Sales Increase Slightly, Still Losing Money

When higher-end department stores like Macy’s and even Nordstrom are struggling, it’s understandable that JCPenney might have another tough quarter trying to bring in new customers, get the ones it has to come in and spend more often, and find things to sell that customers can’t just go buy online instead. [More]

kaleidoscopist

Macy’s Closing 100 Stores In “Re-Creating” Its Portfolio, Attempt To Find Profits

Seven months after Macy’s announced it would close 40 stores this past spring, the department store has outlined a plan to “re-create” its portfolio by shuttering 100 additional stores.  [More]

JeepersMedia

Michael Kors Pulling Back On Department Store Presence In Effort To Polish Brand’s Image

Yet another designer brand has decided to pull back on its department store presence in an attempt to polish up its image in the eyes of consumers and boost flagging sales. Michael Kors announced it will no longer accept coupons for its merchandise sold in department stores, and will be pulling back from that category in general come next year. [More]

lonewolf

Coach Will Close 250 Of Its North American Department Store Locations

Much like its fellow luxury retail brands, Coach has been trying to turn around its struggling business in recent years. Today, the company said its efforts have actually paid off, and that sales are picking up. But despite that, Coach says it’s time to cut loose about 25% of its department store locations in North America, so it can continue to climb its way back up the retail ladder. [More]

Ben Schumin)

Department Stores Don’t Draw Customers, Malls Don’t Want ‘Em Anymore

What actually draws you to the mall, when you go there? A generation ago, you might have headed to your nearest mall to buy a refrigerator from Sears or a dress from JC Penney. Today, though, customers are less interested in hulking department stores, and more likely to visit their local mall to have dinner at a Cheesecake Factory or shop at an Apple Store, and skip the department store. Mall owners are noticing. [More]