Department Stores
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Nordstrom raises 2024 guidance following holiday boost
Despite concerns going into the holiday season, the company’s namesake banner and Nordstrom Rack both reported sales and comps growth.
By Tatiana Walk-Morris • Jan. 15, 2025 -
Macy’s doubles down on its ‘three-brand portfolio’
CEO Tony Spring said that Macy’s, Bloomingdale’s and Bluemercury are stronger together thanks to back-end synergies.
By Daphne Howland • Jan. 14, 2025 -
Kohl’s announces store closures
The struggling department store said 27 locations will shutter by April and an e-commerce fulfillment center will close when its lease expires in May.
By Daphne Howland • Jan. 10, 2025 -
Small-format, off-price stores added to first round of Macy’s closures
The 66 locations slated to shutter span 22 states and many are mall anchors, according to a list released Thursday.
By Daphne Howland • Jan. 10, 2025 -
Column
The Weekly Closeout: Ulta’s future and Big Lots’ store-saving deal
The beauty retailer named a new CEO while Big Lots closed on a sale agreement that will enable it to keep hundreds of stores open.
By Retail Dive Staff • Jan. 10, 2025 -
J.C. Penney, Brooks Brothers operator join forces as ‘Catalyst Brands’
The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall REITs Simon and Brookfield.
By Daphne Howland • Jan. 9, 2025 -
8 retail trends to watch in 2025
Each year brings unique headwinds and tailwinds. From increased attention on DEI efforts to the shifting nature of DTC, this is what we’ll be following in 2025.
By Retail Dive Staff • Jan. 7, 2025 -
Column
The Weekly Closeout: Vera Bradley urged to sell and Fleet Feet makes an acquisition
Fund 1 Investments in a letter pushed the accessories brand to consider strategic alternatives, while the footwear retailer bought South Sound Running.
By Retail Dive Staff • Jan. 3, 2025 -
Sponsored by Radar
[Podcast] Geolocation and the Customer Journey
Find out how geolocation tools bridge the gap between physical and digital shopping.
By Retail Dive's studioID • Jan. 1, 2025 -
Saks Global names new leadership as it completes $2.7B Neiman Marcus acquisition
Saks CEO Marc Metrick will lead the expanded company, while chief merchant Tracy Margolies will take over as Bergdorf Goodman’s president.
By Nate Delesline III • Dec. 24, 2024 -
Nordstroms succeed in taking company private for $6.25B
The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the founding family a majority stake.
By Daphne Howland • Dec. 23, 2024 -
Deep Dive
Should Macy’s be more like Dillard’s? Maybe.
Activist investors are focused on finances, but the struggling department store may benefit more from studying its rival’s retail chops.
By Daphne Howland • Dec. 19, 2024 -
Bloomingdale’s adds fulfillment option for luxury DTC brands
Shoppers can check on the availability of products via a DTC company’s website and pick up their order at a nearby Bloomingdale’s store.
By Tatiana Walk-Morris • Dec. 18, 2024 -
J.C. Penney loss narrows in Q3 as sales declines continue
The department store has more flexibility than others attempting a turnaround, but ongoing top-line weakness clouds its longer-term prospects.
By Daphne Howland • Dec. 18, 2024 -
5 retailers that need a great 2024 holiday season
Some companies are coming off a tough quarter, while others switched leadership or are dealing with changing consumer behavior. But all of these retailers need a W.
By Kaarin Moore • Dec. 17, 2024 -
Deep Dive
Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions, analysts say.
By Daphne Howland • Dec. 16, 2024 -
Macy’s speeds up store closures to amp up turnaround
The retailer also said that for nearly three years an employee hid about $151 million in delivery expenses but that the fraud didn’t affect sales.
By Daphne Howland • Dec. 11, 2024 -
Under new ownership, Lord & Taylor revives old logo and comeback dreams
The chief strategy officer at Regal Brands Global, which now runs the venerable department store, talks to Retail Dive about what comes next.
By Daphne Howland • Dec. 10, 2024 -
How retailers prepped their supply chains for 2024’s holiday crunch
Companies adjusted inventory and marketing strategies to accommodate the shorter Black Friday to Christmas timeframe.
By Philip Neuffer • Dec. 10, 2024 -
Activist firms demand Macy’s consider options for Bloomingdale’s
The department store is winding up the year as it began, with investors on its case — this time it's Barington Capital Group and Thor Equities.
By Daphne Howland • Dec. 9, 2024 -
Will Kohl’s have to close stores?
Not long ago, in stark contrast to rival Macy’s, the department store was talking about expanding its fleet. That may be about to change, analysts say.
By Daphne Howland • Nov. 27, 2024 -
Nordstrom nervous about the holidays despite healthy Q3
A slowdown early in Q4 led to a very conservative upgrade in the retailer’s expectations. Meanwhile, there is still no update on the Nordstrom family’s take-private offer.
By Daphne Howland • Nov. 27, 2024 -
Amid setbacks in its turnaround, Kohl’s lowers guidance again
Traffic, sales and profits declined in Q3, and the department store is reversing course in some areas after its tactics backfired.
By Daphne Howland • Nov. 26, 2024 -
How J.C. Penney’s ‘Really Big Deal Reveals’ campaign is faring so far
The retailer has been averaging 13% to 15% new customers each week during the campaign appearing in Amazon Prime Video’s “Thursday Night Football.”
By Jessica Deyo • Nov. 26, 2024 -
Kohl’s names new CEO
The department store has tapped Michaels CEO Ashley Buchanan to lead the retailer beginning early next year, replacing Tom Kingsbury.
By Daphne Howland • Nov. 25, 2024