In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry ...
Globally, online shopping is projected to continue its strong upward trend. A lack of physical constraints has enabled ...
Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as ...
Destination XL Group operates two banners in the U.S. — DXL Big and Tall retail and outlet stores and Casual Male XL retail ...
Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a ...
The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the ...
The move comes as the company lays off over 500 employees at its corporate headquarters. Big Lots will start going out of ...
The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions ...
Activist investors are focused on finances, but the struggling department store may benefit more from studying its rival’s ...
Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales ...
“Thousands of Amazon workers around the country have courageously united to take on one of the world’s most abusive employers ...
After eight straight quarters of revenue declines in the sector, spending grew 3.5% during the two weeks ending Dec. 7, ...