Latest In: department stores

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Ralph Lauren, Michael Kors Fall Victim To Wholesale Luxury Blues

UPDATE: Michael Kors will no longer participate in department store promotional sales as of February 2017, according to John Idol,…

News August 10
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JCPenney Finalizes Chairman Transition During Tumultuous Times For Department Stores

Myron “Mike” Ullman III, the longtime and former CEO of JCPenney, is retiring from his position as company…

News July 25
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Is Off-Price Now The New Normal?

While many traditional retailers had a weak Q1, off-price retailers such as TJX, Ross Stores and Five Below…

News July 22
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Consumer Spending Reaches Seven-Year High, But Where’s The Money Going?

National consumer spending posted its largest one-month jump since 2009, with personal spending totals increasing 1.0% in April,…

News May 31
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Department Stores Seek Answers As Q1 Results Prove Disastrous

If Q1 financial earnings reports were any indication, traditional department stores had a very rough ride to start…

News May 19
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Struggles At Sears And Kmart Signal Need For Department Stores To Downsize

Sears Holdings is closing up shop on 68 Kmart and 10 Sears stores this summer, further revealing the…

News April 25
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Climate Change Blamed For Dampening Retail Sales Of Cold Weather Apparel

By Traci Gregorski, Market Track Apparently shifts in weather patterns have thrown yet another curve ball to the…

Executive Viewpoints April 4
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Kohl’s, JCPenney Go Private (Label) To Revitalize Brands And Business

As department stores continue to seek solutions for their recent financial woes, two household names are responding by…

News March 14
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Kohl’s Shakes Up Leadership: Is The Greatness Agenda In Trouble?

As Kohl’s continues to fight the battles of declining sales and decreasing store traffic that plague many of…

News February 17
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