Department Stores

  • A wall of sneakers featuring the Asics logo is shown in a store.
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    Justin Sullivan via Getty Images
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    Column

    The Weekly Closeout: Big 5 Sporting Goods sold, NRF goes up against New York

    The retailer was acquired by Worldwide Golf and Capitol Hill Group. Meanwhile, the National Retail Federation took aim at New York's new law requiring algorithmic pricing disclosures.

    By Retail Dive Staff • July 11, 2025
  • A Saks storefront in Chicago.
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    Kaarin Moore/Retail Dive
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    Another Saks Global stores exec is out

    John Antonini leaves after more than 25 years at Saks Fifth Avenue and just a few months into a newly created position centered on store growth.

    By • July 9, 2025
  • The entrance to a mall, with a white pickup truck parked to the right. Explore the Trendline➔
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    "Dartmouth Mall, Dartmouth, Massachusetts" by JJBers is licensed under CC BY 2.0
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    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
  • A Neiman Marcus department store, surrounded by trees.
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    Daphne Howland/Retail Dive
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    S&P Global Ratings downgrades Saks, warns latest financing deal is ‘tantamount to a default’

    Saks Global emphasized that there’s no default related to its new agreement with bondholders, calling the rating updates “common and expected with transactions like these.”

    By • July 9, 2025
  • A space within a department store with beauty product displays, with an overhead sign reading "JC Penney Beauty."
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    Daphne Howland/Retail Dive
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    J.C. Penney to hold down prices for back to school, holiday despite Q1 declines

    Sales and profit slumps were relatively modest, a sign the department store’s merchandising and marketing efforts are paying off.

    By • July 8, 2025
  • A bridge and Groom in front of of a Venice banner in Venice Beach.
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    Courtesy of JCPenney
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    J.C. Penney does wedding season on a budget amid turnaround

    The retailer threw a $10,000 wedding the same week as the $50 million nuptials between Jeff Bezos and Lauren Sánchez.

    By Sara Karlovitch • July 1, 2025
  • A Saks store in Chicago.
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    Kaarin Moore/Retail Dive
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    Saks Global $600M deal with bondholders includes $200M in new financing

    As the holidays loom and past vendor payments come due, the package replaces a previous proposal for $350 million in new financing.

    By • June 30, 2025
  • Gray clouds over a Kohl's store, with an entrance to Sephora.
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    Daphne Howland/Retail Dive
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    Kohl’s brings back summer sale coinciding with Prime Day

    The event, which runs July 7 to July 10, will feature discounts on hundreds of items across apparel, footwear and accessories, with most under $20.

    By Howard Ruben • June 27, 2025
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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: Saks Global, Amazon and the state of luxury

    Fashion Dive Senior Editor Lara Ewen joins to talk about the latest tie-up between the department store conglomerate and the e-commerce giant.

    By Retail Dive Staff • June 26, 2025
  • Radar: Geolocation and the Customer Journey on a blue gradient background
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    Alyssa Eckel-Martin/Retail Dive
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    Sponsored by Radar

    [Podcast] Geolocation and the Customer Journey

    Find out how geolocation tools bridge the gap between physical and digital shopping.

    By Retail Dive's studioID • June 26, 2025
  • A Neiman Marcus storefront in downtown Chicago
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    Kaarin Moore/Retail Dive
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    Stores veteran departs as Saks Global further streamlines operations

    Larry Bruce, who was at Neiman Marcus for nearly a decade before jumping to Saks Fifth Avenue in 2003, is leaving the luxury conglomerate.

    By • June 25, 2025
  • Nordstrom anniversary promotional material.
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    Courtesy of Nordstrom
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    Nordstrom’s anniversary sale adds 65 brands to the mix

    Also new this year is “Anniversary Big Deals,” in which a select assortment will be offered at a deeper discount of up to 50% off. 

    By Tatiana Walk-Morris • June 24, 2025
  • A cream-colored J.C. Penney storefront with signage in red letters.
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    Courtesy of J.C. Penney
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    J.C. Penney to close Texas warehouse

    The closure in Haslet will impact around 300 employees. 

    By • June 23, 2025
  • Storefront of a Nordstrom Local store in New York City.
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    Kaarin Vembar/Retail Dive
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    Nordstrom to open Local concept in Brooklyn, eyes San Francisco location

    The department store, which once called Nordstrom Local the future of the company, is growing the fleet after years of stalling on the concept.

    By • June 18, 2025
  • Sidewalk pedestrians walk past a storefront with large gold letters reading BERGDORF GOODMAN
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    Victor J. Blue via Getty Images
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    Saks Global says it’s back on track with vendors, won’t close stores

    The company told BMO Capital Markets it has mostly repaired supplier relationships, though luxury brands tell other analysts its ability to pay remains a top concern.

    By • June 13, 2025
  • 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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    Off-price domination continues as department stores yield more share

    Sales, profits and margins have been stronger at off-pricers, and that won’t change any time soon, according to a UBS report this week.

    By • June 12, 2025
  • A general view of the exterior of the branch of retailer Marks and Spencer at Westfield White City on October 20, 2020 in London, England. Marks & Spencer said customer data was accessed in an April 2025 cyberattack.
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    Leon Neal via Getty Images
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    Marks & Spencer restores some online-order operations following cyberattack

    The department store chain was one of the first targets in an international spree of attacks disrupting retailers.

    By David Jones • June 11, 2025
  • A brown-brick facade with a white "Kohl's" sign decorates a cream-colored building and main entrance of a store, with small trees in the foreground.
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    Courtesy of Kohl's
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    Without a permanent chief, Kohl’s leans on old turnaround plans

    Some of ex-CEO Tom Kingsbury’s ideas are bearing fruit. But declines in Q1 are the latest in a “very long line of poor results,” GlobalData analysts said.

    By • May 29, 2025
  • A tree with bare branches sits to the left of a mall store, with a blue sky above.
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    "Macy's Burlington Mall" by JJBers is licensed under CC BY 2.0
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    Macy’s sees opportunity to take share as tariffs roil pricing

    The department store posted better-than-expected Q1 results, but its momentum is challenged by uncertainty in both supply and demand.

    By • May 28, 2025
  • A department store at night.
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    "Lights out for Hudson's Bay" by bigfarmer8 is licensed under CC BY 2.0
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    Hudson’s Bay to lay off more than 9K employees by mid-June

    The move affects about 90% of the workforce, with just over 100 people staying on to help the iconic Canadian department store wind down.

    By • May 28, 2025
  • People walk around in front of Saks Fifth Avenue and Hudson's Bay department stores.
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    "Hudson's Bay" by Jeff Hitchcock is licensed under CC BY 2.0
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    Canadian mall developer snaps up more than 2 dozen Hudson’s Bay leases

    Ruby Liu plans to open "a new modern department store concept," though it’s unclear whether the stores can continue to operate under the iconic brand.

    By • May 27, 2025
  • A downtown department store building
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    Daphne Howland/Retail Dive
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    Nordstrom leaves Wall Street on a high note

    The department store returns to family control with traffic and sales comps up, and in a position to steal share from Saks Fifth Avenue.

    By • May 27, 2025
  • Closeup of an entrance to a department store.
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    Permission granted by Liza Amlani, Retail Strategy Group
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    Hudson’s Bay to sell IP to Canadian Tire Corp. for over $21M

    CTC views the move as “patriotic” and has bid on several of the iconic retailer’s leases.

    By Dani James • May 16, 2025
  • A rendering of Wayfair's large-format store in Yonkers, New York.
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    Courtesy of Wayfair
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    Column

    The Weekly Closeout: Kohl’s plans to refinance, Wayfair expands large-format concept

    The department store intends to refinance with a $360 million offering of new senior secured notes, while the home goods retailer said another larger store is on the horizon.

    By Retail Dive Staff • May 16, 2025
  • Gray clouds over a Kohl's store, with an entrance to Sephora.
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    Daphne Howland/Retail Dive
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    Kohl’s paperwork reveals board member left due to governing concerns, lack of transparency

    Emails show that Christine Day resigned from her board role due to a disagreement with the company — a disparity from a previous SEC filing. 

    By • May 13, 2025
  • 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 swings to a loss

    Last year’s sales declines and steep net loss put the retailer at the bottom of the struggling department store sector, an analyst said.

    By • May 12, 2025