Department Stores
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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 Daphne Howland • May 29, 2025 -
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 Daphne Howland • May 28, 2025 -
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 Daphne Howland • May 28, 2025 -
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 Daphne Howland • May 27, 2025 -
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 Daphne Howland • May 27, 2025 -
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 -
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 -
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 Kaarin Moore • May 13, 2025 -
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 Daphne Howland • May 12, 2025 -
J.C. Penney to launch plus-size collection with model Ashley Graham
The line will be available both in stores and online starting this fall.
By Laurel Deppen • May 7, 2025 -
Kohl’s CEO fired over conflicts of interest
Ashley Buchanan, who only took the post in January, was terminated for cause following an investigation into vendor transactions, the department store said.
By Daphne Howland • May 1, 2025 -
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 • April 28, 2025 -
Hudson’s Bay gives up on final 7 stores, including Canada’s last Saks 5th Avenue location
The liquidation is the end of a retailer whose roots date to the 1600s, and leaves a big gap for many brands and their Canadian customers.
By Daphne Howland • April 25, 2025 -
Nordstrom to cut Rack, Last Chance from loyalty points program
Instead, customers shopping at Nordstrom Rack can receive a 5% discount on eligible purchases with a Nordstrom credit card.
By Howard Ruben • April 23, 2025 -
Could tariffs sink Nordstrom’s go-private deal?
The risk is small, but not zero, and could grow if the fallout from new trade policies worsens, according to William Blair analysts.
By Daphne Howland • April 23, 2025 -
Saks Global to close fulfillment center, cut 450 jobs
The luxury department store joins Kohl’s in being particularly vulnerable to tariffs’ impact on consumer spending, according to Moody’s Ratings analysts.
By Daphne Howland • April 21, 2025 -
J.C. Penney operator axes 9% of corporate roles
The downsizing at Catalyst Brands comes less than two months after 250 corporate employees, or 5% of that workforce, were laid off.
By Daphne Howland • April 11, 2025 -
How J.C. Penney’s new brand positioning is subverting consumer expectations
Out-of-home ads that don’t feature labels want consumers asking “It’s from where?” as the retailer pushes to modernize while promoting value.
By Chris Kelly • April 11, 2025 -
Knix expands presence in Canada through Holt Renfrew partnership
The DTC intimates brand will land in six of the department store’s locations and on its website through a deal that deepens its reach in the country.
By Howard Ruben • April 4, 2025 -
Kohl’s tech chief exits amid broader leadership change
Chief Technology and Digital Officer Siobhán Mc Feeney departed the retailer Wednesday, according to a securities filing.
By Roberto Torres • April 3, 2025 -
Macy’s chief operating and financial officer to exit
Capri Holdings exec Thomas Edwards will step into the role as the company completes a “purposeful evolution” of its C-suite, CEO Tony Spring said.
By Cara Salpini • April 1, 2025 -
Hudson’s Bay to eliminate 200 corporate roles
Impacted employees will have their last day on Friday, while the company restructures and undergoes store liquidations.
By Kaarin Moore • April 1, 2025 -
"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
Neiman Marcus in downtown Dallas to stay open through the holidays
Parent company Saks Global, in concert with the city, is evaluating alternate plans for the location as a potential art, fashion or entertainment destination.
By Kaarin Moore • March 31, 2025 -
Bloomingdale’s merchant jumps to Macy’s to lead children’s, men’s
Daniel Leppo, whose career launched 30-plus years ago at the luxury department store, brings merchandising strength in need at Macy’s.
By Daphne Howland • March 25, 2025 -
Universal Standard lands in Nordstrom
After launching on the department store’s website earlier in the year, the women’s apparel brand entered 20 Nordstrom stores over the weekend.
By Howard Ruben • March 24, 2025