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...
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...
After JCPenney sought a court order to keep Sephora in its locations, the companies said they have “reaffirmed” their partnership to run Sephora inside of...
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...
With the COVID-19 pandemic causing it to shutter its stores, Neiman Marcus Group is increasing preparations to ask for bankruptcy protection. The luxury department store...
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...
Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to...
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...
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...