Department Stores
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J.C. Penney’s loss balloons in Q3 as sales continue to slide
Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, GlobalData said.
By Daphne Howland • Jan. 13, 2026 -
Macy’s to close Oklahoma fulfillment center
The Tulsa facility is slated to shutter this spring, according to a company spokesperson.
By Kelly Stroh • Jan. 13, 2026 -
"Beautiful December Sky Over the Mid-Century Modern Macy's at Grossmont Center, La Mesa CA" by Joe Wolf is licensed under CC BY-ND 2.0
Macy’s targets another 14 stores for closure
The department store’s downsizing plan is key to its turnaround and will ultimately entail shuttering about 150 locations.
By Daphne Howland • Jan. 9, 2026 -
S&P Global Ratings downgrades Saks Global on missed interest payment
The luxury giant is unlikely to make good within the grace period or achieve promised savings from last year’s $2.7 billion merger, the analysts said.
By Daphne Howland • Jan. 8, 2026 -
Saks Global CEO Marc Metrick exits
Executive Chairman Richard Baker is taking over the top position at the luxury retailer as bankruptcy speculation swirls.
By Dani James • Jan. 2, 2026 -
Saks Global doesn’t rule out bankruptcy
The department store conglomerate says it’s “exploring all potential paths” toward stability but insists the luxury market is strong.
By Daphne Howland • Dec. 23, 2025 -
Deal to sell 120 J.C. Penney stores for $950M falls through
When it was announced in July, the deal to private equity firm Onyx Partners faced questions from investors over the selling price.
By Daphne Howland • Dec. 23, 2025 -
To see where Macy’s is going, head to Chicago
Merchandising and customer service at the State Street flagship are the best they’ve been in 15 years, Evercore ISI analysts report.
By Daphne Howland • Dec. 18, 2025 -
Deep Dive
Saks Global is stuck
The fourth quarter is pivotal for almost any retailer, but especially one that has a lot to prove to vendors, investors and customers. Some observers see a 2026 bankruptcy as inevitable.
By Daphne Howland • Dec. 9, 2025 -
Reporter’s notebook: New York City’s last department stores
A trek around the island of Manhattan at retail's busiest time of year.
By Daphne Howland • Dec. 9, 2025 -
Saks Global sues to block Bergdorf chief merchant’s move to Nordstrom
The luxury company alleges that Yumi Shin violated her noncompete agreement, stole proprietary information and must give back nearly $50,000 in payouts.
By Daphne Howland • Dec. 8, 2025 -
Macy’s cautiously optimistic about the holidays
The department store retailer had its strongest Q3 comps in over three years, but said it’s braced for a cautious consumer and the impact of tariffs.
By Daphne Howland • Dec. 3, 2025 -
Belk debuts smaller-format Market stores
The concept is launching this month with two locations, with additional openings slated for 2026.
By Kaarin Moore • Dec. 1, 2025 -
Kohl’s makes progress in Q3 despite sales, profit declines
Loyal customers are returning more often as turnaround initiatives take hold, though some analysts say bolder change is needed.
By Daphne Howland • Nov. 25, 2025 -
Kohl’s stays the course with CEO choice
Michael Bender took over in the interim when the newly arrived chief executive was fired for cause in May. The board unanimously made it permanent.
By Daphne Howland • Nov. 24, 2025 -
Saks Global shakeup reaches Bergdorf Goodman
Chief merchant Yumi Shin’s exit has prompted an evaluation of merchandising leadership. Chief Retail Officer Melissa Xides is also exiting.
By Daphne Howland • Nov. 20, 2025 -
Retail basics propel Dillard’s in Q3
The department store’s strength across categories is less about artificial intelligence and more about merchandising, loyalty and well-run stores.
By Daphne Howland • Nov. 13, 2025 -
In an AI world, Nordstrom is leaning into human care
AI has a role to play, but when customers "really want the face-to-face, eye-to-eye, voice-to-voice connection,” the retailer is there to meet the need, Nordstrom’s Heather Bissell said.
By Kristen Doerer • Nov. 10, 2025 -
Sponsored by Emergent BioSolutions
The gift you give this holiday season could be a second chance
The holiday season packs malls and stores with millions of visitors. With more people comes greater risk of medical emergencies, including overdoses.
Nov. 10, 2025 -
Saks Off 5th to close 9 stores, giving Nordstrom another opening
Saks Global says the closures will help refine its off-price business. But its struggles with vendors may have played a role.
By Daphne Howland • Nov. 6, 2025 -
Saks Global approaches merger anniversary with a whirlwind of executive changes
Most surprising is last week’s exit of Emily Essner, who was aboard as Saks Fifth Avenue and Neiman Marcus combined and whose duties just expanded.
By Daphne Howland • Nov. 5, 2025 -
Saks Global pins hope on stylists, top sellers
The luxury conglomerate may be trying to woo top-notch stylists and their high-spending customers back to Saks Fifth Avenue and Neiman Marcus. To succeed, the company will need inventory it may not have.
By Daphne Howland • Nov. 4, 2025 -
J.C. Penney, iHeartRadio partner on holiday collection
The move is part of the department store’s broader plans for the season, which also include special 24-hour deals throughout November.
By Tatiana Walk-Morris • Oct. 30, 2025 -
Nordstrom relaunches holiday catalog
The department store will host more than 1,500 events this year and will also have Santa Claus at all of its locations for the first time.
By Howard Ruben • Oct. 29, 2025 -
Sponsored by Fashion Square
Scottsdale Fashion Square redefines retail’s heart
Luxury, design and dining converge in Palm Court transformation.
Oct. 27, 2025