Department stores used to rule the retail world. Chains like Macy's, Filene's, and J.C. Penney anchored malls and drove ...
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 ...
Before online deals, flash sales, and endless scrolling, holiday shopping was an experience you had to physically show up for ...
In the era of online shopping, department stores are but a hazy memory of a bygone era. Even with all the convenience Amazon offers, it’s hard not to feel like we’ve lost something—especially the ...
Back in February, American department store chain Macy’s announced it would be closing 150 stores as it plans on shifting its priority toward the marketing of its luxury items. It plans to close its ...
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After successfully disrupting online shopping, convenience stores, bookstores, grocery stores and more, Amazon has its eyes set on a new target: department stores. Amazon is soon expected to open a ...
Department stores are aging — and so are their customers. For over a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of everything. For many Millennial ...
The next generation of department store concepts may be located in Fairfax, Virginia. Armed with a smaller footprint (22,000 square feet), a stylish selection of products and a tech-savvy space, ...
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 ...
The heyday is over. The question for department stores now is whether there will be a new day. Certainly, the pandemic has made that already sticky question all the more difficult to answer. But many ...