Department Stores

More Closures In Store For Macy’s
More Closures In Store For Macy’s
January 04, 2018  |  Retail

Macy’s will shutter approximately 30 stores as the retailer continues to sell its real estate and invest in eCommerce, CNBC reports. As the company moves to...

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Experts Predict More Retail Closures In 2018 Despite Strong Holiday Season
Experts Predict More Retail Closures In 2018 Despite Strong Holiday Season
January 03, 2018  |  Retail

The holiday season is officially over, and the news was better than expected. Sales were up 4.9 percent — the biggest year-over-year uptick since 2011...

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Department Stores Start 2018 With A Bang On Wall Street
Department Stores Start 2018 With A Bang On Wall Street
January 03, 2018  |  Retail

So far, so good for department stores in 2017: Early holiday sales results have spurred enthusiasm on Wall Street, which has turned into a happy...

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Weak Holiday Sales Pressure Toys R Us To Close 100 Stores
Weak Holiday Sales Pressure Toys R Us To Close 100 Stores
December 19, 2017  |  Retail

Embattled toy and game retailer Toys R Us may close 100 U.S. storefronts following weaker-than-expected holiday sales, Bloomberg reported Monday (Dec. 18). Store sales for...

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Sears Strikes Back Against Slack Sales With Specialization
Sears Strikes Back Against Slack Sales With Specialization
November 30, 2017  |  Retail

Sears has had an extremely difficult last few years, marked by hundreds of locations closing nationwide and sales figures that continue to trend downward. But, according...

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U.S. Consumers Favor Small Biz Over Big Malls
U.S. Consumers Favor Small Biz Over Big Malls
November 24, 2017  |  Retail

Good news for small- and medium-sized businesses (SMBs): Spending growth at mom and pop shops has outpaced that of the big chains in both of...

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Macy’s Foot Traffic Free Fall Triggers Citi “Sell” Rating
Macy’s Foot Traffic Free Fall Triggers Citi “Sell” Rating
October 31, 2017  |  Retail

Retailer Macy’s has been handed a sell rating by Citi Research, which said Monday (Oct. 30) that the company’s efforts to increase cash flow and...

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Nordstrom And Everlane Pair Up For A Pop-Up
Nordstrom And Everlane Pair Up For A Pop-Up
September 26, 2017  |  Retail

High-end department store Nordstrom will be offering a unique in-store shopping experience, featuring an in-store pop-up shop with the ethical fashion e-tailing crew from Everlane,...

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Sears’ Payment Default Risk Has Suppliers Fleeing
Sears’ Payment Default Risk Has Suppliers Fleeing
August 28, 2017  |  B2B Payments

Some Sears suppliers are refusing to work with the company, while others are demanding more favorable payment terms, as they struggle to find affordable accounts...

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