As anchor stores scale back their brick-and-mortar presence in malls, is their departure necessarily a big loss for shopping centers? Class A malls might, in...
Selfridges has been named best department store in the world at the Global Department Store Summit in London. The two other finalists at the event,...
With anchor stores like Sears and JCPenney closing more doors than they’re opening, what’s a shopping mall to do? For a growing number of mall...
Following a downgraded rating from Morgan Stanley, Macy’s stock dropped more than 3 percent on Thursday (May 10). The investment bank had put an “underweight”...
As it tests out new retail concepts such as pop-up shops, Macy’s has acquired a retail store in New York City that has a rotating...
Disintermediating the established intermediaries has become something of an art form in payments and retail these days. Physical retail is being disintermediated by a host...
A lot has been written in recent years about everything that has gone wrong at Macy’s. The storied department store is a bit more than...
In the early 1900s, department stores came up with a novel idea to help their customers pay for their purchases: Customers could use metal plates —...
Retailer Hudson’s Bay has disclosed that customers at Saks and Lord & Taylor stores in North America have had their payment cards compromised. The breach,...