Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it ...

The department store downturn of 2025 has continued into this year as every part of the sector, from discount to luxury, has been affected by closings or bankruptcies. Fashion executives have warned ...

Macy’s is entering A Bold New Chapter — at least that’s what it calls the strategy it announced on an earnings call Tuesday that was designed to reposition the company. To make that happen, the retail ...

"Notwithstanding what you've been reading lately...." ...

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 ...

Forbes contributors publish independent expert analyses and insights. I cover major developments in the retail industry. Major department stores are searching for a direction on how to operate in this ...

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 ...

Author and historian Leslie Goddard’s fascination with department stores runs in the family. Her grandfather was a department store lifer, working first for Marshall Field’s then Carson Pirie Scott.

The second floor of The Hyundai Seoul in Yeouido, Seoul, removed its signboard reading “Overseas Fashion Brands” at the end of last year and mixed street brands typically found in the young fashion ...