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1 min read
You Might Not Have Realized Just How Much The 'Department Store' Has Collapsed
The fascination with the decline of JCPenney obscures a much bigger retail story: The traditional "…
2 mins read
Macy's says more people are spending would-be travel dollars on luxury items to treat themselves
Macy's seems ready to pounce on an opportunity created by pandemic spending and the bankruptcies of…
Madeline Stone
7 mins read
Bankrupt JCPenney said it would have to close about 30% of its stores. Here are all the closures it announced so far.
JCPenney, the department store that filed for bankruptcy in May, is closing a significant number of…
Madeline Stone
2 mins read
Liquidation sales are beginning at the 136 JCPenney stores that are closing for good. Here's what shoppers can expect.
There will be storewide discounts of 25-40% at closing JCPenney stores, and shoppers can still retu…
Madeline Stone
2 mins read
Plexiglass at registers and no ear-piercing allowed: How Macy's plans to reopen 68 stores next week
Macy's stores will look a little different when they reopen. Registers will have plexiglass, and no…
Madeline Stone
4 mins read
JCPenney's bankruptcy is the latest sign that department stores as we know them are dead
JCPenney cited the coronavirus pandemic as a major catalyst behind its bankruptcy filing. But, depa…
Madeline Stone
2 mins read
Estee Lauder is slashing up to 2,000 jobs and closing up to 15% of its stores globally
Estée Lauder announced its "Post-COVID Business Acceleration Program" on Thursday, a plan to accoun…
Bethany Biron
1 min read
Two Numbers That Show How The Internet Is Ripping The Traditional Department Store To Shreds
Non-store retailers, which represents Internet retailers, have seen sales growth of over 10% year t…
2 mins read
Why Amazon would open a breed of stores that has been dying off for years
Amazon will reportedly open a series of department stores in Ohio and California, selling furniture…
Hayley Peterson,Mary Hanbury
2 mins read
Nordstrom is permanently closing 16 stores. Here's what we know about which locations could shutter.
The closings represent about 14% of Nordstrom's full-line fleet, which include its large, multi-flo…
Hayley Peterson
2 mins read
Amazon is opening department stores in California and Ohio, reports say
Amazon's stores, which are expected to be around 30,000 square feet, may be smaller than most depar…
Mary Hanbury
1 min read
JCPenney is closing 13 more stores for good. See if your local store is on the list.
JCPenney said in May that it expects to eventually close 30% of its 846 stores. It filed for Chapte…
Madeline Stone
2 mins read
Kohl's is closing stores as the department store industry collapses
"While the decision to close stores is a difficult one, we evaluated all of the elements that contr…
Hayley Peterson
1 min read
British department store chain Debenhams will close all of its 124 stores as it enters liquidation, with 12,000 jobs at risk
In the short-term, Debenhams will continue to trade through its 124 UK stores and online to clear i…
Grace Dean,Reuters
1 min read
JCPenney is closing 2 more stores for good
JCPenney, which filed for bankruptcy in May, added two New York stores to its list of locations tha…
Madeline Stone
2 mins read
Kohl's CEO said it has a big advantage because its stores are 'naturally built for social distancing' and mostly aren't in malls
Kohl's CEO Michelle Gass said the stores' size make them good for social distancing. Plus, they're …
Madeline Stone
2 mins read
Macy's is opening new, smaller stores away from the mall, and it reflects a growing trend in retail
Macy's said it will open smaller Macy's and Bloomingdale's stores away from malls, as retailers sta…
Madeline Stone
7 mins read
JCPenney is closing 154 stores for good — here's the list
JCPenney is closing 154 stores after filing for bankruptcy in the wake of coronavirus-related shutd…
Madeline Stone
1 min read
One of London's most iconic luxury department stores, Selfridges, is hosting in-store mini weddings for $9,000
The cheapest Selfridges wedding package includes hair and makeup, a three-course hamper, and a film…
Mary Hanbury
5 mins read
Anchor stores like JCPenney and Macy's once drew crowds to suburban malls. Now their struggles could push hundreds of malls into extinction.
Malls will struggle to find replacement tenants for the large, multi-story buildings that departmen…