department stores

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Macy's to Close 150 Stores as It Pivots to Luxury

Announcement comes weeks after department store chain said it would cut workforce by 3.5%

(Newser) - Macy's will close 150 stores over the next three years, 50 of them by the end of 2024, the department store said Tuesday after posting a fourth-quarter loss and declining sales, per the AP . At the same time, the company signaled a pivot to luxury. It said it would...

Kohl's Wants to Ditch Its Department Store Image
Kohl's Says It's
'Evolving Away'
From Being a
Department Store
in case you missed it
Mar 13, 2022 12:35 PM CDT

Kohl's Says It's 'Evolving Away' From Being a Department Store

'Make no mistake, this is a transformation'

(Newser) - In a trend that started long before the pandemic, department stores are in decline—but Kohl's doesn't want you to think of it as a department store. The chain is working on overhauling its brand with moves including the opening of around 100 stores less than half the...

Amazon to Change Direction, Move Into Actual Stores

Plans call for spaces smaller than old-school department store locations

(Newser) - After disrupting the business of department stores for years, Amazon has decided to join them. The company plans to open department stores that will be much larger than the 4-star stores it already operates but about one-third the size of a typical Sears, the Wall Street Journal reports. There's...

Cher's Rescue Tour Continues. This Time It's a Gorilla

Star is begging for help to rehome Thailand's only gorilla from a department store zoo

(Newser) - If you're thinking a department store zoo doesn't sound like a great place for a gorilla, Cher agrees. The singer, fresh off of her Pakistan trip to rescue the "world's loneliest elephant," is now making a plea to Thailand to free the country's last...

JCPenney Nearly Sold After 'Screaming Matches'

The department store chain negotiates a $1.75B deal

(Newser) - Looks like JCPenney has found itself a buyer. The dying department store chain—which filed for Chapter 11 bankruptcy protection back in May—has struck a tentative deal with a group of lenders and mall owners, USA Today reports. Brookfield Property Partners, Simon Property Group, and bankruptcy lenders are expected...

First Department Store Chain Falls to Coronavirus

Luxury giant Neiman Marcus files for Chapter 11

(Newser) - Neiman Marcus, the 112-year-old storied luxury department store chain, has filed for Chapter 11 bankruptcy protection, the first department store chain to be toppled by the coronavirus pandemic, per the AP . The move follows the bankruptcy filing by J. Crew , which became the first major retailer to reorganize during the...

Store Faces Backlash Over 'Miss Period' Badge

Outcry after Japan's Daimaru debuts badge alerting others to workers' menstrual status

(Newser) - A Japanese department store that says it was trying to help out its female employees is now facing backlash over a uniform accessory. The BBC reports the hubbub is centered on a badge that Daimaru introduced in October to hundreds of workers in its women's wardrobe department. One side...

Irate Patrons: Harrods Is 'the Grinch Who Stole Christmas'

Customers are miffed that only big spenders can visit the store's Christmas Grotto

(Newser) - Starting on Friday, Harrod's department store in London will open the doors to its Christmas Grotto, a "snow-covered woodland filled with sparkling surprises that will leave little ones mesmerized" through Christmas Eve, including a visit with Father Christmas himself. But those little ones will need caretakers with fat...

Sears Could Be Dead by Saturday
Sears Could Be
Dead by Saturday
Dec 28, 2018 7:00 AM CST

Sears Could Be Dead by Saturday

Bid to save retailer needs to be in by 4pm Friday

(Newser) - After 125 years in business, Sears could now be in its final hours. The iconic retailer, which filed for bankruptcy in October , may have to be liquidated if a bid to save it doesn't materialize before a 4pm Friday deadline. Chairman Eddie Lampert has proposed a $4.6 billion...

Bad News for Iconic Store
Iconic Store Is Saying Goodbye
Sep 14, 2018 1:00 PM CDT

Iconic Store Is Saying Goodbye

Henri Bendel department store in NYC is going out of business after 123 years

(Newser) - Shop on Fifth Avenue? Neither do we, but still: The iconic Henri Bendel department store will soon be gone along with its e-commerce business and 22 other brick-and-mortar locations, People reports. Parent company L Brands is making the move amid increasing retail competition and plummeting company stocks, which fell 55%...

Sweden 'Attacked,' PM Says After Truck Slams Into Store

At least 3 dead after Stockholm incident

(Newser) - A truck crashed into an upscale department store in central Stockholm on Friday, and Swedish police confirm at least three people have died, per the Independent . People in the downtown area are fleeing the scene in panic, the AP reports. Swedish broadcaster SVT says shots have been fired at the...

Reeling From Dismal Holidays, Macy's Slashes 4.8K Jobs

It's been a rough road for Macy's as online shopping takes over

(Newser) - Macy's is slashing jobs, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores. The nation's largest department-store chain, which also operates Bloomingdale's, said late Wednesday it's cutting up to 4,800...

Cop Beats Woman Shoplifter on Video

Iowa woman says her eyesight still hasn't recovered

(Newser) - An Iowa shoplifter is contemplating legal action after a cop beat her repeatedly about the head and face—all in view of a store video camera, NBC Chicago reports. Brandie Redell admits she was trying to steal clothing at a Von Maur Department Store in February when store personnel escorted...

New JCPenney Ad: We're Sorry, Come Back!

Hopes put-off customers will return for Mother's Day

(Newser) - It's what so many of us do after our relationships implode: beg the other to come back. Please! JCPenney is now trying the groveling route as well. The embattled retail empire has released a new ad that begins "It's no secret...," apologizes for its "mistakes,...

Walmart's Problem: More Stores, Fewer Employees

Products, staff, customers disappearing from the aisles

(Newser) - Walmart's shelves are looking empty these days, and it's not because the product isn't available: The company simply doesn't have enough employees to restock them, store workers tell Bloomberg . The big blue retail behemoth has added 455 US stores over the past five years, but its...

The Weird, Wild World of Walmart

Strange stories often take place at the retail giant's stores

(Newser) - Does Walmart imitate life or does life imitate Walmart? The ubiquitous big-box chain is very often the setting for births, deaths, marriages, and strange events, reports the Wall Street Journal . Recent incidents include: a man dressed as a cow who stole 26 gallons of milk from a Virginia store in...

Saks Fifth Avenue Coming to ... Kazakhstan

Luxury retailer to open 3-story location in August 2012

(Newser) - Soon the fine and fashionable people of Kazakhstan will be able to shop in added style: Luxury retailer Saks said today it will open a Saks Fifth Avenue store in August 2012. Saks plans to license the store, which will be built in the former capital of Almaty. Financial terms...

Mom Files $5M Suit Over 80-Cent Dispute

She's suing the Century 21 department store

(Newser) - A New Jersey mom is suing a department store for $5 million, claiming she got ripped off 80 cents over a coupon, reports the New York Post . Tova Gerson used the $5 coupon to buy more than $100 worth of merchandise from Century 21, then returned one item. The store...

Retail Sales Rise for 5th Straight Month

Low inflation, big discounts bring customers to stores

(Newser) - Retail sales rose for a fifth straight month in November, as the biggest jump in department store sales in two years gave the holiday shopping season a strong start. Retail sales increased 0.8% last month, the Commerce Department announced today, beating analyst predictions of a 0.5% increase, according...

Harrods Now Selling Gold Bars

London emporium offers bullion to luxe-loving shoppers

(Newser) - The world's most over-the-top department store has taken bling to a new level. Beginning today, shoppers at Harrods, the London emporium owned by Egyptian billionaire Mohamed al-Fayed, can buy gold bars and coins over the counter. The store has teamed with a Swiss bank to arrange for customers to purchase...

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