Add Yahoo as a preferred source to see more of our stories on Google. After a relatively stable 2022, store closures are expected to pick up again in 2023 — and department stores will likely lead the ...

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 ...

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 ...