Department Stores: Page 3
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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 -
Macy’s hires new CIO from within
Next month Keith Credendino will take over as chief information officer from Laura Miller, who is retiring.
By Daphne Howland • July 10, 2024 -
Saks COO is out
Following HBC’s deal to take over Neiman Marcus and form “Saks Global,” RJ Cilley left to become chief executive at HVAC startup Voomi Supply.
By Daphne Howland • July 9, 2024 -
Saks Fifth Avenue parent company to acquire Neiman Marcus Group for $2.6B
The rival companies will continue to operate independently, and the deal is partially funded by e-commerce giant Amazon.
By Stephanie Arnold • July 5, 2024 -
J.C. Penney spends $40M on distribution center upgrades
The retailer installed new automation technology at its plant in Reno, Nevada, as part of a larger investment strategy.
By Philip Neuffer • June 24, 2024 -
J.C. Penney Q1 loss widens as sales fall 8%
The department store’s start to the year was fairly weak, though improvements to merchandise and some stores have paid off, GlobalData said.
By Daphne Howland • June 24, 2024 -
Macy’s kicks off summer with first campaign under new CMO
The campaign will link back to the department store chain’s July Fourth fireworks display.
By Sara Karlovitch • June 21, 2024 -
Kohl’s introduces Return Drop service to stores nationwide
In addition to its Amazon partnership, the department store will now accept returns from brands like Carhartt, Hanes and Levi’s.
By Tatiana Walk-Morris • June 14, 2024 -
J.C. Penney closing 4 stores in coming months
The department store remains profitable, though net income plummeted nearly 90% last year and sales continued to slide.
By Daphne Howland • June 13, 2024 -
Nordstrom nears completion on West Coast fulfillment transition
By transitioning operations to an omnichannel center, the retailer is building on its efforts to lower fulfillment costs.
By Kelly Stroh • June 12, 2024 -
Nordstrom elevates supply chain exec amid shrink woes
After reporting that theft in its supply and transportation networks hurt Q1 margins, the retailer promoted Alexis DePree to chief operating officer.
By Daphne Howland • June 3, 2024 -
Nordstrom Rack continues to overshadow the department store in Q1
Both banners enjoyed sales increases, though margins were challenged by shrink caused by theft in its transportation network.
By Daphne Howland • May 31, 2024 -
Kohl’s touts progress in Q1 despite sales declines, loss
Aside from some merchandising improvements, the department store isn’t revamping its stores. Some analysts say that’s a mistake.
By Daphne Howland • May 30, 2024 -
Podcast
The Backroom: Lee Peterson and the hard truth about retail stores
E-commerce keeps growing because it’s easier to shop online. To survive, brick and mortar needs a good reason, too.
By Retail Dive Staff • May 30, 2024 -
A glimpse into a future Macy’s
The department store has provided financial metrics for the fleet of stores that will survive a massive downsizing over the next three years.
By Daphne Howland • May 21, 2024 -
Bruce Nordstrom — grandson of the retailer’s founder and father of its top executives — dies at 90
Under the leadership of his generation, the fashion department store went public, launched off-price Rack and expanded into a national retailer.
By Daphne Howland • May 20, 2024 -
Dillard’s beats expectations in tough Q1
CEO William Dillard said the department store focused on profitable sales as “the consumer environment remained challenging.”
By Daphne Howland • May 16, 2024 -
Deep Dive
Macy’s and J.C. Penney have two very different real estate strategies
One has a downsizing plan that includes profitable stores. The other plans to keep — and possibly open — even low-volume stores. What’s going on?
By Daphne Howland • May 16, 2024 -
J.C. Penney remains profitable, could open new stores
Holiday and full-year sales fell, and net income plunged. But the CEO of one of the retailer’s owners says its ongoing profitability could merit an expansion.
By Daphne Howland • May 10, 2024 -
Kohl’s announces locations of 200 Babies R Us shop-in-shops
The move gives the department store chain another store-in-store partnership alongside Sephora.
By Nate Delesline III • May 9, 2024