Department Stores: Page 2
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Nordstrom family group offers $3.8B to go private
In pursuit of a takeover, CEO Erik Nordstrom and his brother, President Pete Nordstrom, have teamed up with other family members as well as retail conglomerate El Puerto de Liverpool.
By Daphne Howland • Sept. 4, 2024 -
Rihanna’s Savage X Fenty debuts at Selfridges
The move marks the inclusive lingerie brand’s first brick-and-mortar presence abroad.
By Daphne Howland • Sept. 3, 2024 -
Kohl’s CEO ‘disappointed’ with 4.2% sales drop in Q2
As the retailer nears having a Sephora in every store and 200 Babies R Us openings, there's still “work to do” to improve apparel and footwear sales, the executive said.
By Nate Delesline III • Aug. 29, 2024 -
Anniversary Sale, Rack propel Nordstrom’s Q2 sales
Strong regular-price sales also helped boost margins, but the retailer raised its guidance only slightly.
By Daphne Howland • Aug. 28, 2024 -
Lady Gaga’s Haus Labs beauty line launches in Sephora at Kohl’s
The department store is continuing to pour resources into its Sephora partnership to draw more customers amid sales declines.
By Tatiana Walk-Morris • Aug. 27, 2024 -
Macy’s Q2 sales disappoint as stores slated for closure post steep declines
The department store is preparing for its all-important holiday quarter with a value message that goes beyond discounts, executives said.
By Daphne Howland • Aug. 21, 2024 -
How J.C. Penney is using AI and machine learning in its supply chain
The department store retailer is investing heavily in new technology to improve productivity and upgrade its legacy systems.
By Philip Neuffer • Aug. 21, 2024 -
Dillard’s Q2 disappoints as net income plunges
The company said it’s working to better align expenses with sales, but UBS analysts warn that margin and profit declines will likely continue.
By Daphne Howland • Aug. 16, 2024 -
Macy’s expands post-purchase offers in a boost to its media network
The department store has worked with Rokt since last summer, and says the partnership has improved customer engagement.
By Tatiana Walk-Morris • Aug. 12, 2024 -
Mike Ullman, former J.C. Penney CEO and ‘unsung hero’ of retail, dies
Ullman was a graduate and benefactor of the University of Cincinnati and a low-key yet powerful retail executive throughout the decades.
By Daphne Howland • Aug. 9, 2024 -
Rihanna’s Savage X Fenty picks Nordstrom as first US retail partner
The tie-up will put products in 16 of the department store’s locations and on its website.
By Tatiana Walk-Morris • Aug. 2, 2024 -
Maternity retailer Motherhood overhauls brand, partners with Kohl’s
The partnership with the retailer, which has been working to expand its assortment, is the brand’s first foray into brick-and-mortar in five years.
By Daphne Howland • July 31, 2024 -
Saks Off 5th chief merchant jumps to QVC
Mara Sirhal leads merchandising amid the home shopping giant’s “Age of Possibility” turnaround effort, focused on women over 50.
By Daphne Howland • July 29, 2024 -
Macy’s names head of home, food and toys
The department store promoted Sabina Israelian-Garcia to the role with the goal of diversifying the retailer’s product assortment.
By Kaarin Moore • July 26, 2024 -
Nordstrom to open more Indochino shop-in-shops
The expanded partnership comes as the DTC custom suit brand works to grow its footprint of showrooms.
By Tatiana Walk-Morris • July 26, 2024 -
Column
The Weekly Closeout: Nike and Journeys make C-suite appointments
The athletics brand named Cheryan Jacob as chief information officer, while the footwear retailer appointed Stacy Doren as its marketing chief.
By Retail Dive Staff • July 26, 2024 -
Saks Global confirms layoffs
The HBC-owned business is prepping for its takeover of rival Neiman Marcus Group, which includes Bergdorf Goodman.
By Daphne Howland • July 25, 2024 -
Podcast
The Backroom: All of a sudden, a lot is happening at department stores
The team discusses a barrage of news from several players in a retail space that has been written off many times.
By Retail Dive Staff • July 25, 2024 -
Belk shrinks debt load by nearly $1B
The Southern department store is also collecting about $485 million in new financing, and some of its lenders will have controlling stakes.
By Daphne Howland • July 23, 2024 -
Kohl’s expands dress selection with dedicated shops at 700 stores
The department store says the category represents a white space growth opportunity and “significantly enhances” its women’s offering.
By Tatiana Walk-Morris • July 19, 2024 -
Macy’s relaunches Epic Threads private label
The kids apparel and accessories revamp is the latest in the department store’s owned-brand overhaul.
By Nate Delesline III • July 16, 2024 -
Macy’s ends talks with Arkhouse and Brigade, foiling $6.9B takeover
The firms raised their bid in June, but their financing, tied in part to Macy’s own real estate, was lacking, the department store said Monday.
By Daphne Howland • July 15, 2024 -
Tween brand Limited Too relaunches at Kohl’s
The department store also recently launched a new assortment from Aéropostale and an expanded assortment from Madden Girl.
By Nate Delesline III • July 15, 2024 -
J.C. Penney launches summer sales that overlap with Prime Day and beyond
The retailer reserves its best deals for members of its newly revamped loyalty program and offers unique services like photo sessions and haircuts.
By Daphne Howland • July 12, 2024 -
Bloomingdale’s names new men’s fashion director
David Thielebeule, founding editor-in-chief of Grazia USA, takes on the role effective immediately.
By Lara Ewen • July 11, 2024