The British department store group said it would close some stores as a condition of securing new funds from the Chinese retailer, which will become the majority owner of with a 51 percent stake.
The British department store group said it would close some stores as a condition of securing new funds from the Chinese retailer, which will become the majority owner of with a 51 percent stake.
Following a holiday season where consumers shifted to retailers like Amazon, full-year pretax profit will be at the lower end of forecasts.
Following a holiday season where consumers shifted to retailers like Amazon, full-year pretax profit will be at the lower end of forecasts.
Dozens of brick-and-mortar retailers have been forced to shutter stores and file for bankruptcy, as they rethink their businesses in the face of rising online competition.
Dozens of brick-and-mortar retailers have been forced to shutter stores and file for bankruptcy, as they rethink their businesses in the face of rising online competition.
It's clear when you look at Nordstrom's broader physical retailing strategy that it is well aware it can't play by 1990's or early 2000's rules.
It's clear when you look at Nordstrom's broader physical retailing strategy that it is well aware it can't play by 1990's or early 2000's rules.
The American department-store chain has signed a wholesale deal to sell its private-label collection internationally through the pioneering South Korean retailer.
The American department-store chain has signed a wholesale deal to sell its private-label collection internationally through the pioneering South Korean retailer.
The new men’s store is the first of Nordstrom's two-part push into New York.
The new men’s store is the first of Nordstrom's two-part push into New York.
The luxury retailer will proceed with an Istanbul listing of up to 40 percent of its capital.
The luxury retailer will proceed with an Istanbul listing of up to 40 percent of its capital.
The digitally native French fashion brand is delving deeper into physical retail and will see its Spring collection stocked across five Nordstrom stores.
The digitally native French fashion brand is delving deeper into physical retail and will see its Spring collection stocked across five Nordstrom stores.
The upscale department store plans to open its first Italian food emporium and a three-storey food hall including seven restaurants.
The upscale department store plans to open its first Italian food emporium and a three-storey food hall including seven restaurants.
The family had been working since June to take the 117-year-old retailer private, but the two sides couldn’t agree on a price.
The family had been working since June to take the 117-year-old retailer private, but the two sides couldn’t agree on a price.
The retailer wants to build more personalised relationships with its customers through concierge-style services, doubling down on everything it says Amazon can’t do.
The retailer wants to build more personalised relationships with its customers through concierge-style services, doubling down on everything it says Amazon can’t do.
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.