Department Stores: Page 8
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Peter Kramer via Getty Images
Bloomingdale’s names new men’s fashion director
David Thielebeule, founding editor-in-chief of Grazia USA, takes on the role effective immediately.
By Lara Ewen • July 11, 2024 -
Courtesy of Macy's Inc.
Macy’s hires new CIO from within
Next month Keith Credendino will take over as chief information officer from Laura Miller, who is retiring.
By Daphne Howland • July 10, 2024 -
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 -
Saks COO is out
Following HBC’s deal to take over Neiman Marcus and form “Saks Global,” RJ Cilley left to become chief executive at HVAC startup Voomi Supply.
By Daphne Howland • July 9, 2024 -
Scott Olson via Getty Images
Saks Fifth Avenue parent company to acquire Neiman Marcus Group for $2.6B
The rival companies will continue to operate independently, and the deal is partially funded by e-commerce giant Amazon.
By Stephanie Arnold • July 5, 2024 -
Justin Sullivan via Getty Images
J.C. Penney spends $40M on distribution center upgrades
The retailer installed new automation technology at its plant in Reno, Nevada, as part of a larger investment strategy.
By Philip Neuffer • June 24, 2024 -
Daphne Howland/Retail Dive
J.C. Penney Q1 loss widens as sales fall 8%
The department store’s start to the year was fairly weak, though improvements to merchandise and some stores have paid off, GlobalData said.
By Daphne Howland • June 24, 2024 -
Daphne Howland/Retail Dive
Macy’s kicks off summer with first campaign under new CMO
The campaign will link back to the department store chain’s July Fourth fireworks display.
By Sara Karlovitch • June 21, 2024 -
Daphne Howland/Retail Dive
Kohl’s introduces Return Drop service to stores nationwide
In addition to its Amazon partnership, the department store will now accept returns from brands like Carhartt, Hanes and Levi’s.
By Tatiana Walk-Morris • June 14, 2024 -
J.C. Penney closing 4 stores in coming months
The department store remains profitable, though net income plummeted nearly 90% last year and sales continued to slide.
By Daphne Howland • June 13, 2024 -
Daphne Howland/Retail Dive
Nordstrom nears completion on West Coast fulfillment transition
By transitioning operations to an omnichannel center, the retailer is building on its efforts to lower fulfillment costs.
By Kelly Stroh • June 12, 2024 -
Cara Salpini/Retail Dive
Nordstrom elevates supply chain exec amid shrink woes
After reporting that theft in its supply and transportation networks hurt Q1 margins, the retailer promoted Alexis DePree to chief operating officer.
By Daphne Howland • June 3, 2024 -
Daphne Howland/Retail Dive
Nordstrom Rack continues to overshadow the department store in Q1
Both banners enjoyed sales increases, though margins were challenged by shrink caused by theft in its transportation network.
By Daphne Howland • May 31, 2024 -
Daphne Howland/Retail Dive
Kohl’s touts progress in Q1 despite sales declines, loss
Aside from some merchandising improvements, the department store isn’t revamping its stores. Some analysts say that’s a mistake.
By Daphne Howland • May 30, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Lee Peterson and the hard truth about retail stores
E-commerce keeps growing because it’s easier to shop online. To survive, brick and mortar needs a good reason, too.
By Retail Dive Staff • May 30, 2024 -
Daphne Howland/Retail Dive
A glimpse into a future Macy’s
The department store has provided financial metrics for the fleet of stores that will survive a massive downsizing over the next three years.
By Daphne Howland • May 21, 2024 -
Daphne Howland/Retail Dive
Bruce Nordstrom — grandson of the retailer’s founder and father of its top executives — dies at 90
Under the leadership of his generation, the fashion department store went public, launched off-price Rack and expanded into a national retailer.
By Daphne Howland • May 20, 2024 -
Courtesy of Dillard's
Dillard’s beats expectations in tough Q1
CEO William Dillard said the department store focused on profitable sales as “the consumer environment remained challenging.”
By Daphne Howland • May 16, 2024 -
Daphne Howland/Retail Dive
Deep DiveMacy’s and J.C. Penney have two very different real estate strategies
One has a downsizing plan that includes profitable stores. The other plans to keep — and possibly open — even low-volume stores. What’s going on?
By Daphne Howland • May 16, 2024 -
Daphne Howland/Retail Dive
J.C. Penney remains profitable, could open new stores
Holiday and full-year sales fell, and net income plunged. But the CEO of one of the retailer’s owners says its ongoing profitability could merit an expansion.
By Daphne Howland • May 10, 2024 -
Courtesy of Kohl's
Kohl’s announces locations of 200 Babies R Us shop-in-shops
The move gives the department store chain another store-in-store partnership alongside Sephora.
By Nate Delesline III • May 9, 2024 -
Courtesy of Sparkies
Macy’s chooses 26 entrepreneurs for accelerator program aimed at diversifying supply chain
In addition to education and funding, “The Workshop at Macy’s” provides various opportunities to sell via the department store.
By Daphne Howland • May 6, 2024 -
Hudson’s Bay, again a unified retailer, announces layoffs in organizational ‘re-alignment’
The Canadian department store, which once split up its e-commerce and store operations, said the downsizing impacts less than 1% of its workforce.
By Daphne Howland • May 2, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: With more closures ahead, what’s next for Macy’s?
Under a new CEO, the iconic department store is fielding a $6.6 billion takeover offer, shuttering another 150 stores and fighting to stay relevant.
By Retail Dive Staff • April 25, 2024 -
Daphne Howland/Retail Dive
Nordstrom family may try again to take the company private
The Nordstrom brothers, who are the retailer’s top executives, notified the board of their interest, and a special committee has been formed.
By Daphne Howland • April 19, 2024 -
Courtesy of Saks
Saks.com snags up to $60M in additional liquidity
The infusion from Pathlight Capital and Bank of America will bolster the luxury online player’s financial position in a “challenging macro-environment.”
By Daphne Howland • April 16, 2024
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