Upscale department store chain Nordstrom didn’t wait until after the holiday season to close a couple of its stores, as it ...

Forbes contributors publish independent expert analyses and insights. Clara covers consumer brands shaping tomorrow's retail landscape. Department stores have traditionally attracted boomers ...

Today, it's easy to go on a shopping spree without leaving your couch, but it wasn't long ago that shopping was an event, and heading to a fancy department store might even require getting dressed in ...

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 ...

After a relatively stable 2022, store closures are expected to pick up again in 2023 — and department stores will likely lead the way. As retailers face challenges in traffic, sales and margins going ...

Department stores like Bed, Bath, and Beyond continue to shut down due to financial loss during the pandemic, but budget stores like Dollar General are popping up everywhere. We take a look at why.

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 ...