Department Stores
-
Kaarin Moore/Retail Dive
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 Daphne Howland • June 25, 2025 -
Courtesy of Nordstrom
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 -
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 -
Courtesy of J.C. Penney
J.C. Penney to close Texas warehouse
The closure in Haslet will impact around 300 employees.
By Kaarin Moore • June 23, 2025 -
Kaarin Vembar/Retail Dive
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 Kaarin Moore • June 18, 2025 -
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 Daphne Howland • June 13, 2025 -
Daphne Howland/Retail Dive
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 Daphne Howland • June 12, 2025 -
Leon Neal via Getty Images
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 -
Courtesy of Kohl's
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 -
Daphne Howland/Retail Dive
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 -
Permission granted by Liza Amlani, Retail Strategy Group
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 -
Courtesy of Wayfair
ColumnThe 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 -
Daphne Howland/Retail Dive
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 -
Daphne Howland/Retail Dive
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 -
Courtesy of JCPenney
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 -
Daphne Howland/Retail Dive
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 -
Alyssa Eckel-Martin/Retail Dive
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 -
Permission granted by Liza Amlani, Retail Strategy Group
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 -
Daphne Howland/Retail Dive
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 -
Daphne Howland/Retail Dive
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 -
Kaarin Moore/Retail Dive
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 -
Courtesy of J.C. Penney
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 -
Permission granted by JCPenney
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
