Forbes

Are Department Stores Like Macy’s Really Dead This Time?

Can department stores evolve enough to regain relevance? It might take more than the magic of Macy’s. The reason could be encapsulated in one sobering sentence by Macy’s CEO Tony Spring: The chain had ...
CNN

How America’s once great department stores became a dying breed

Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department store industry in decades of decline. The gradual demise of the ...
Reuters

Shein's first bricks-and-mortar shop highlights department stores' existential pain

PARIS, Nov 24 (Reuters) - Shein's move into the flagship BHV in Paris has added political heat to the troubles of department stores, which are facing an existential threat from shoppers' shift to ...
Reuters

Department store operator Macy's to close certain stores across US

Jan 9 (Reuters) - Department store operator Macy's (M.N), opens new tab said on Thursday it will close 66 store locations as part of a strategy it announced last year. The company said it will invest ...