Saks Fifth Avenue’s bankruptcy filing has revived debates about how these once celebrated shopping emporiums can regain their luster.
Saks Off 5th is to shutter as the troubled Saks Global group refocuses on luxury. But with Macy's also closing stores, ...
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 ...
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 ...
The store, which will remain open during construction, will get several new amenities.
The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.
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Is Saks’ collapse another omen for traditional department stores?
Are traditional department stores winning or losing?
While many department stores are closing, the family-owned Boscov's continues to open new locations. Boscov's employees attribute the chain's success to its focus on customer service. Unlike ...
Lower-performing shopping malls in the U.S. that once seemed destined to languish or close are getting renewed attention. Last week, for example, Walmart revealed that it bought a mall in the ...
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 ...
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