department store

Nordstrom Founding Family Takes Retailer Private in $6 Billion Deal

Nordstrom Founding Family Takes Retailer Private in $6 Billion Deal
Nordstrom Founding Family Takes Retailer Private in $6 Billion Deal
December 23, 2024  |  Retail

The Nordstrom family now owns the department store chain bearing their name. Get the Full Story Complete the form to unlock this article and enjoy...

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Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
January 18, 2024  |  Retail

Macy’s is reducing its workforce by 3.5%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
May 08, 2020  |  Retail

Brookfield, which owns stake in numerous malls and related properties, is going to spend $5 billion to try and get the industry back on track...

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Macy’s, Other Retailers Forced To Furlough Employees
Macy’s, Other Retailers Forced To Furlough Employees
March 30, 2020  |  Retail

Department store Macy’s will be forced to furlough most of its employees this week as the coronavirus pandemic continues to close hundreds of stores across...

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Macy’s To Open New Store Format With Beauty Focus
Macy’s To Open New Store Format With Beauty Focus
January 31, 2020  |  Retail

Macy’s is planning to test a new kind of store with a focus on apothecary and beauty products, which could lead to more locations in...

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JCPenney Tries On Store Revamp
JCPenney Tries On Store Revamp
November 01, 2019  |  Retail

JCPenney is planning a comeback as the retailer tests out new and innovative ideas at a Texas location as its chief executive tries to revive...

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