It’s been another rough year at U.S. department stores so far, at least for those making their financial filings public. Several of them — public and private — have embarked on turnarounds or are ...
Sales, profits and margins have been stronger at off-pricers, and that won’t change any time soon, according to a UBS report this week. The simultaneous rise of off price and decline of full-line ...
Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department store industry in decades of decline. The gradual demise of the ...