Department Store

Macy’s Declines to Spin Off Ecommerce Operations, Citing ‘High Execution Risk’

Following better-than-expected Q4 and full-year 2021 results, the Macy’s, Inc. Board of Directors announced that the company’s ecommerce operations will remain integrated…

Neiman Marcus Supports Luxury Focus with New Hires, Increased Supply Chain Investment

Neiman Marcus Group (NMG) is making big moves to adapt to changing consumer behaviors, with strategic investments in talent, merchandising, technology and…

Department Store’s Tough Times Continue: S&P 500 Index Drops Macy’s

Macy’s is one of many retailers reeling from the COVID-19 outbreak, furloughing most of its 130,000 employees after closing its 800+ stores….

Coach Dials Back Department Store Presence As Full-Year Income Jumps 14%

Coach is seeing the fruits of its labor two years after beginning its brand transformation, generating positive revenue and income results and…

Global Department Store Market Set To Grow 22.2% By 2019

Global department store market will grow by $100 billion, or 22.2%, by 2019, according to Verdict Retail in its Global Department Store…

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