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Department Stores

I visited Macy's, and saw how disappointing displays and customer service are hurting its sales

Fri, 08/04/2023 - 07:00

composite image: mannequins display clothing in Macy's, the author tries on clothing in a dressing room — I wasn't real impressed by the styles Macy's carries. Many of them felt lackluster or outdated.
Jennifer Ortakales Dawkins/Insider

Retail, Features, Store Tours, Macy's, Department Stores, Flagship store

Kohl's blamed its rough quarter on a squeezed middle class, but one analyst says it's because stores are a mess

Wed, 03/01/2023 - 16:32

Exterior of Kohl's store at night with car driving by outside — John Raoux/AP

Retail, News, Kohl's, Department Stores, Inflation, Inventory, Sephora

NYC's gaming fight heats up as Saks Fifth Avenue proposes casino at flagship, and developer pitches ferris wheel

Sat, 02/25/2023 - 11:07

A rendering of the casino at Saks Fifth Avenue — If Saks Fifth Avenue plays its cards right, it might soon operate a casino, as seen in this rendering.
Hudson's Bay Company

Retail, Saks Fifth Avenue, Casinos, New York, New York City, Department Stores, Luxury department stores

Neiman Marcus says it's only targeting ultra-wealthy customers who can spend around $27,000 a year at the retailer

Fri, 02/10/2023 - 16:39

Woman holds phone while standing near display of handbags at Neiman Marcus store — Neiman Marcus is no longer bothering with the idea of aspirational luxury.
Mark Lennihan/AP

Retail, News, Life, Neiman Marcus, Department Stores, Luxury, Luxury goods

Activist investor Ryan Cohen is building a big stake in Nordstrom, report says. The retailer's stock has surged 37% on the news.

Fri, 02/03/2023 - 07:41

Chewy co-founder and former CEO Ryan Cohen — Ryan Cohen.
Courtesy of Chewy.com

Markets, MI Exclusive, Stocks, Ryan Cohen, Nordstrom, Meme stocks, Department Stores

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