Department Stores

  • A Neiman Marcus storefront in downtown Chicago
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    Kaarin Moore/Retail Dive
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    Saks Global brings back Neiman Marcus exec to oversee marketing, e-commerce

    Cheryl Han, who joined Saks Global’s leadership early last year but left months later, has taken the dual role of chief marketing and digital officer.

    By • Feb. 6, 2026
  • A Saks store in Chicago.
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    Kaarin Moore/Retail Dive
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    Who controls Saks Global’s IP?

    Authentic Brands Group now owns 77% of the entity that controls a perpetual master license to Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.

    By • Feb. 4, 2026
  • A Saks store in Chicago.
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    Kaarin Moore/Retail Dive
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    What to watch in retail in 2026

    From the trajectory of the department store segment to the rise of generative AI, here’s what Retail Dive is keeping an eye on this year.

    By Retail Dive Staff • Jan. 30, 2026
  • A white storefront with black lettering again a blue sky that has a few puffy clouds.
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    Courtesy of Saks Global
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    Saks Global retreats from off price, closing most stores and all e-commerce

    Just a dozen Saks Off 5th locations will stay open, and they’ll sell only residual inventory from Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman.

    By • Jan. 30, 2026
  • A downtown department store building
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    Daphne Howland/Retail Dive
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    Nordstrom names chief supply chain officer

    Jason Bell was promoted to the position after serving as senior vice president of supply chain operations since 2021.

    By Kelly Stroh • Jan. 29, 2026
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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: Saks Global and the bankruptcy that everyone saw coming

    The team chats about their recent visits to Saks Fifth Avenue’s Manhattan flagship and brings in Debtwire analysts to discuss the retailer’s Chapter 11 process.

    By Retail Dive Staff • Jan. 29, 2026
  • People walking around an open-air mall.
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    "Woodbury Common Premium Outlets" by llee_wu is licensed under CC BY-ND 2.0
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    Simon Property Group flags $100M Saks Global investment in rent dispute

    The mall REIT told the bankruptcy court that the luxury department store owes more than $7 million.

    By • Jan. 28, 2026
  • Macy's Style Crew member Raven Gates poses at an event.
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    Courtesy of Macy's
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    How Macy’s is flexing its Style Crew affiliate program beyond social media

    The department store recently experimented with its Style Crew of over 600 influencers by integrating them into in-person events and direct mailers.

    By Jessica Hammers • Jan. 28, 2026
  • A mall entrance to a store whose sign says "OFF 5th" in black lettering and a red "5."
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    "Saks Fifth Avenue Off 5th Outlet Dolphin Mall" by Phillip Pessar is licensed under CC BY 2.0
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    Saks Off 5th online is liquidating 5 years after split from brick and mortar

    In 2021 private equity investors poured $200 million into a spin-off of the off-pricer’s digital operations, but the anticipated return never materialized.

    By • Jan. 26, 2026
  • A Nordstrom Rack store in Seattle, across the street from the flagship Nordstrom store.
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    Daphne Howland/Retail Dive
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    Nordstrom to move downtown Seattle Rack store to historic building

    Expanding its off-price business has long been a source of new customers and a key pillar of the department store’s growth strategy.

    By • Jan. 22, 2026
  • Closeup of a department store entrance.
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    Daphne Howland/Retail Dive
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    Deep Dive

    What’s up with department stores?

    The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.

    By • Jan. 22, 2026
  • People walking down a city street.
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    Daphne Howland/Retail Dive
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    Longtime Neiman Marcus merchant heads to Bloomingdale’s

    Russ Patrick left the luxury retailer a few years ago and returns to the department store sector as general merchandise manager of home at the Macy’s Inc. banner.

    By • Jan. 20, 2026
  • A massive downtown department store building.
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    "Exterior view of historic Neiman Marcus flagship store in Dallas, Texas as seen from Commerce Street." by Dfwcre8tive is licensed under CC BY 3.0
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    What Saks Global’s bankruptcy means for vendors

    Big names like Chanel and Kering are owed substantial sums and are likely to be paid well before smaller brands’ past-due invoices.

    By • Jan. 20, 2026
  • People walking past a city department store building.
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    Daphne Howland/Retail Dive
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    Amazon says its Saks Global investment is ‘worthless’

    The e-commerce giant’s complaints could signal a long and contentious bankruptcy process for the luxury company.

    By • Jan. 15, 2026
  • J.C. Penney's home collection by Jenny Martinez
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    Courtesy of J.C. Penney
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    J.C. Penney expands 2 home collections

    A kitchen line with chef Jenny Martinez is moving into other home goods, while a Laura Ashley partnership is entering stores for the first time.

    By Tatiana Walk-Morris • Jan. 15, 2026
  • A Neiman Marcus storefront in downtown Chicago
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    Kaarin Moore/Retail Dive
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    Saks Global files for bankruptcy, shakes up leadership after a year of struggles

    Former Neiman Marcus Group chief ​​Geoffroy van Raemdonck, now CEO, is bringing on a fresh slate of executives — and has a $1.75 billion financing package to work with.

    By • Jan. 14, 2026
  • A mall store with a "JC Penney" banner in white letters on a wood-paneled background.
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    Daphne Howland/Retail Dive
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    J.C. Penney’s loss balloons in Q3 as sales continue to slide

    Still, the results were “not terrible,” given the department store’s improvements and its target customers’ financial stress, GlobalData said.

    By • Jan. 13, 2026
  • A department store building on a city corner, with people and cars.
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    Daphne Howland/Retail Dive
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    Macy’s to close Oklahoma fulfillment center

    The Tulsa facility is slated to shutter this spring, according to a company spokesperson.

    By Kelly Stroh • Jan. 13, 2026
  • A Macy's store, with parked cars in front and a palm tree on the left.
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    "Beautiful December Sky Over the Mid-Century Modern Macy's at Grossmont Center, La Mesa CA" by Joe Wolf is licensed under CC BY-ND 2.0
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    Macy’s targets another 14 stores for closure

    The department store’s downsizing plan is key to its turnaround and will ultimately entail shuttering about 150 locations.

    By • Jan. 9, 2026
  • A palm tree in front of a light-colored building, against a blue sky.
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    Courtesy of Ashkenazy Acquisition Corporation
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    S&P Global Ratings downgrades Saks Global on missed interest payment

    The luxury giant is unlikely to make good within the grace period or achieve promised savings from last year’s $2.7 billion merger, the analysts said.

    By • Jan. 8, 2026
  • A Saks storefront in Chicago.
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    Kaarin Moore/Retail Dive
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    Saks Global CEO Marc Metrick exits

    Executive Chairman Richard Baker is taking over the top position at the luxury retailer as bankruptcy speculation swirls.

    By • Jan. 2, 2026
  • People walking past a city department store building.
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    Daphne Howland/Retail Dive
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    Saks Global doesn’t rule out bankruptcy

    The department store conglomerate says it’s “exploring all potential paths” toward stability but insists the luxury market is strong.

    By • Dec. 23, 2025
  • With puffy clouds in a blue sky, bushes surround a store with the name "JC Penney" in white letters. The store entrance is a brick arch.
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    "JC Penney" by Mike Mozart is licensed under CC BY 2.0
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    Deal to sell 120 J.C. Penney stores for $950M falls through

    When it was announced in July, the deal to private equity firm Onyx Partners faced questions from investors over the selling price.

    By • Dec. 23, 2025
  • Trumpets decorating the side of a building in a city downtown.
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    "Macy's Chicago" by webriprob is licensed under CC BY 2.0
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    To see where Macy’s is going, head to Chicago

    Merchandising and customer service at the State Street flagship are the best they’ve been in 15 years, Evercore ISI analysts report.

    By • Dec. 18, 2025
  • Reflections in a department store window advertising the holidays.
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    Daphne Howland/Retail Dive
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    Deep Dive

    Saks Global is stuck

    The fourth quarter is pivotal for almost any retailer, but especially one that has a lot to prove to vendors, investors and customers. Some observers see a 2026 bankruptcy as inevitable.

    By • Dec. 9, 2025