Tag: Department store operators

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Kohl’s shares surge as takeover offers emerge, suitors include Sycamore

Kohl’s shares surge as takeover offers emerge, suitors include Sycamore

People shop at Kohl's department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California.Liu Guanguan | China News Servi [...]
Retailers prep for last-minute shopping on Super Saturday

Retailers prep for last-minute shopping on Super Saturday

With Christmas fast-approaching, retailers are gearing up for a last-minute rush of shoppers.Stores and retail websites are expected to draw more t [...]
Sears to sell or redevelop its massive corporate office in Chicago

Sears to sell or redevelop its massive corporate office in Chicago

A sign marks the entrance to the headquarters campus of Sears Holding in Hoffman Estates, Illinois.Getty ImagesThe beleaguered department-store cha [...]
Cyber Monday online sales drop 1.4% from last year to $10.7 billion, falling for the first time ever

Cyber Monday online sales drop 1.4% from last year to $10.7 billion, falling for the first time ever

Amazon.com Inc. packages sit in front of a FedEx Corp. delivery truck in New York.Christopher Lee | Bloomberg | Getty ImagesConsumers logged online [...]
Sticker shock could change retailers’ approach to sales

Sticker shock could change retailers’ approach to sales

Shoppers looking at Macy's Black Friday specials in Maumee, Ohio, November 27, 2020.Stephen Zenner | SOPA Images | LightRocket | Getty ImagesKeith [...]
Clothing retailers flex pricing power and Wall Street is rewarding it

Clothing retailers flex pricing power and Wall Street is rewarding it

A shopper visits Macy's flagship store in New York, May 20, 2021.Eduardo Munoz | ReutersA round of major retail earnings this week revealed a stark [...]
Macy’s CEO, department store veteran, fights the Amazon future

Macy’s CEO, department store veteran, fights the Amazon future

The entrances at Macy's are decorated with Christmas decorations on December 04, 2020 in New York City.Roy Rochlin | Getty Images Entertainment | G [...]
Macy’s hikes hourly wage to $15 rolls out college tuition to win staff

Macy’s hikes hourly wage to $15 rolls out college tuition to win staff

Shoppers looking at Macy's Black Friday specials in Maumee, Ohio, November 27, 2020.Stephen Zenner | SOPA Images | LightRocket | Getty ImagesMacy's [...]
Activist hopes to split Macy’s digital biz but experts raise red flags

Activist hopes to split Macy’s digital biz but experts raise red flags

Macy's Herald Square Flagship Department Store in Midtown Manhattan New York.Nicolas Economou | NurPhoto | Getty ImagesAn activist investor is pres [...]
Macy’s got an upgrade, but there may be a better way to play retail

Macy’s got an upgrade, but there may be a better way to play retail

Is it time to dive into department store stocks?Analysts at Cowen brought that question to the forefront on Thursday by upgrading Macy's stock to o [...]
America’s greatest mall proprietor expects some retailers to develop in 2021

America’s greatest mall proprietor expects some retailers to develop in 2021

Simon Property Group, the largest mall proprietor within the nation, is anticipating this 12 months to be higher than final, as some retailers begi [...]
10,000 shops set to shut in 2021, Covid retains pummeling retailers

10,000 shops set to shut in 2021, Covid retains pummeling retailers

A person passes by a Banana Republic retailer, which goes out of enterprise, in New York, January 10, 2021.Scott Mlyn | CNBCOne retail analysis and [...]
Prime-tier mall values have dropped 45% from 2016 ranges: Inexperienced Road

Prime-tier mall values have dropped 45% from 2016 ranges: Inexperienced Road

A customer seems down an empty hallway at The Trend Mall at Keystone, Wednesday, March 18, 2020, in Indianapolis. Simon Property Group, the most im [...]
Nordstrom (JWN) shares drop as retailer says vacation gross sales tumbled 22%

Nordstrom (JWN) shares drop as retailer says vacation gross sales tumbled 22%

An individual walks into the Nordstrom retailer open for enterprise as New York Metropolis strikes into Section 2 of re-opening following restricti [...]
45 areas to shut as a part of 3-year plan

45 areas to shut as a part of 3-year plan

The doorway to a Macy's division retailer.Jeffrey Greenberg | Common Pictures Group | Getty PicturesMacy's has notified the staff at about 45 of it [...]
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