Neiman Marcus Dallas flagship will close despite city’s intervention

Owner Saks Global had blamed the closure on a lease dispute but says its plans remain even though civic leaders have brokered a solution.

By Daphne Howland • Feb. 26, 2025

Neiman Marcus deal triggers another round of layoffs at Saks Global

The company in July also downsized operations in anticipation of the $2.7 billion acquisition, which closed at the end of last year.

By Daphne Howland • Feb. 26, 2025

Explore the Trendline➔

Top 5 stories from Retail Dive

From tariff challenges to DEI pressure, the industry is navigating a number of headwinds in 2025.

By Retail Dive staff

Dallas city, business leaders rally to save Neiman Marcus flagship

A coalition has formed to bring owner Saks Global and its lessors back to the negotiating table, declaring, “Texans are problem solvers.”

By Daphne Howland • Feb. 25, 2025

Dillard’s holiday margins shrink despite expense controls

Unlike rivals, the Southern department store enjoyed higher traffic to stores last year, but joins them in losing share to value players.

By Daphne Howland • Feb. 25, 2025

Belk to open 2 more outlet stores in North Carolina

Customers have “come to love the concept,” which features an outlet on the first floor and a traditional Belk store on the second.

By Kaarin Moore • Feb. 24, 2025

Saks Global’s vendor trouble hints at financial vulnerability

Revenue targets depend on mending relationships with suppliers, analysts say. A memo from CEO Marc Metrick may have made things worse.

By Daphne Howland • Feb. 24, 2025

J.C. Penney, Eddie Bauer operator lays off 5% of corporate staff

About 250 people at Catalyst Brands, which also runs Aéropostale, Brooks Brothers, Nautica and Lucky Brand, were let go.

By Daphne Howland • Feb. 21, 2025

Saks Global to close century-old Neiman Marcus flagship in downtown Dallas

The luxury department store's new owner will spend $100 million to renovate an anchor location at the nearby NorthPark Center mall.

By Daphne Howland • Feb. 19, 2025

Nordstrom brings on Neiman Marcus vet as director of luxury styling

Catherine Bloom joins the department store in the new role, and a Nordstrom Local location in Los Angeles will be a dedicated storefront for her clients.

By Kaarin Moore • Feb. 19, 2025

Macy’s sticks with stores chief to lead brick-and-mortar transformation

Barbie Cameron began at the company nearly 40 years ago and has a pivotal role as the department store scrambles to rightsize and overhaul its fleet.

By Daphne Howland • Feb. 10, 2025

Are B malls having a moment?

Companies like Simon Property Group and Walmart are throwing money at shopping centers with empty stores, weak traffic and falling sales.

By Daphne Howland • Feb. 10, 2025

Simon Property Group turns to ‘B’ malls for growth

Over the next two years, the real estate investment trust will work to make upgrades and fill empty spaces at lower-performing centers.

By Daphne Howland • Feb. 5, 2025

J.C. Penney launches business-to-business website for bulk orders

The department store has a new digital tool that offers its catalog and personalized product support to companies and nonprofits. 

By Tatiana Walk-Morris • Feb. 5, 2025

Nordstrom turns to notable New Yorkers for its second NYC campaign installment

New York is a critical market for retailers, one that Nordstrom wants to celebrate while highlighting the services at its flagship store. 

By Tatiana Walk-Morris • Updated Feb. 3, 2025

The Backroom: A new retail apocalypse?

The team discusses a recent report that U.S. retailers are set to shutter many more stores than they plan to open in 2025 — and what that really means.

By Retail Dive Staff • Jan. 30, 2025

Kohl’s cuts 10% of corporate workforce

The downsizing follows store closure plans and will mostly entail eliminating open roles, with layoffs impacting fewer than 200 people.

By Daphne Howland • Jan. 29, 2025

Bloomingdale’s releases ‘The White Lotus’-themed apparel collection

It’s not the only one. Banana Republic on the same day announced a capsule collection tied to the hit show, set to release this spring.

By Tatiana Walk-Morris • Jan. 28, 2025

Bloomingdale’s to close San Francisco Centre anchor

The move will leave the struggling mall with another space to fill, and the luxury department store’s only full-line locations outside the city.

By Daphne Howland • Jan. 23, 2025

Nordstrom raises 2024 guidance following holiday boost

Despite concerns going into the holiday season, the company’s namesake banner and Nordstrom Rack both reported sales and comps growth.

By Tatiana Walk-Morris • Jan. 15, 2025

Macy’s doubles down on its ‘three-brand portfolio’

CEO Tony Spring said that Macy’s, Bloomingdale’s and Bluemercury are stronger together thanks to back-end synergies.

By Daphne Howland • Jan. 14, 2025

Kohl’s announces store closures

The struggling department store said 27 locations will shutter by April and an e-commerce fulfillment center will close when its lease expires in May.

By Daphne Howland • Jan. 10, 2025

Small-format, off-price stores added to first round of Macy’s closures

The 66 locations slated to shutter span 22 states and many are mall anchors, according to a list released Thursday.

By Daphne Howland • Jan. 10, 2025

The Weekly Closeout: Ulta’s future and Big Lots’ store-saving deal

The beauty retailer named a new CEO while Big Lots closed on a sale agreement that will enable it to keep hundreds of stores open.

By Retail Dive Staff • Jan. 10, 2025

J.C. Penney, Brooks Brothers operator join forces as ‘Catalyst Brands’

The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall REITs Simon and Brookfield.

By Daphne Howland • Jan. 9, 2025

8 retail trends to watch in 2025

Each year brings unique headwinds and tailwinds. From increased attention on DEI efforts to the shifting nature of DTC, this is what we’ll be following in 2025.

By Retail Dive Staff • Jan. 7, 2025