The department store chain said third-quarter comparable sales rose 1.7 percent, better than the 0.6 to 0.8 percent rise it had forecast last month.
The department store chain said third-quarter comparable sales rose 1.7 percent, better than the 0.6 to 0.8 percent rise it had forecast last month.
The department store said the natural disasters would likely hurt full-year sales by $26 million.
The department store said the natural disasters would likely hurt full-year sales by $26 million.
HBC reported Karstadt owner Signa has put in an "an incomplete, non-binding and unsolicited offer" to buy its main European asset, German department-store chain Galeria Kaufhof.
HBC reported Karstadt owner Signa has put in an "an incomplete, non-binding and unsolicited offer" to buy its main European asset, German department-store chain Galeria Kaufhof.
The country’s luxury market has recovered after two difficult years, helped mainly by domestic demand and rising sales to tourists, which will get a boost from a ‘tax-free’ scheme scheduled to come into force around February next year.
The country’s luxury market has recovered after two difficult years, helped mainly by domestic demand and rising sales to tourists, which will get a boost from a ‘tax-free’ scheme scheduled to come into force around February next year.
The British retailer reported record results last year, with double-digit increases in both sales and operating profits.
The British retailer reported record results last year, with double-digit increases in both sales and operating profits.
The company's stock drop followed its prediction of losses in the third quarter, renewing the sense that department stores are losing ground to e-commerce.
The company's stock drop followed its prediction of losses in the third quarter, renewing the sense that department stores are losing ground to e-commerce.
As retail woes deepen, the department store chain looks to revive what was once its long-time bright spot: Nordstrom Rack.
As retail woes deepen, the department store chain looks to revive what was once its long-time bright spot: Nordstrom Rack.
The department-store chain, which halted its search for a buyout partner earlier this month, looks to hire 13,650 workers to help meet seasonal demand.
The department-store chain, which halted its search for a buyout partner earlier this month, looks to hire 13,650 workers to help meet seasonal demand.
The Canadian retail-real estate group’s mastermind explains why selling the historic Lord & Taylor building to WeWork Property Advisors, combined with an equity investment, will free up the company to continue executing its ‘transformation plan.'
The Canadian retail-real estate group’s mastermind explains why selling the historic Lord & Taylor building to WeWork Property Advisors, combined with an equity investment, will free up the company to continue executing its ‘transformation plan.'
WeWork will pay $850 million for the Fifth Avenue flagship, as the Canadian retail group faces pressure from investors to cut debt.
WeWork will pay $850 million for the Fifth Avenue flagship, as the Canadian retail group faces pressure from investors to cut debt.
Jonathan Litt continues to push for change at the Canadian department store group, announcing he may seek the removal of several directors following the recent departure of the CEO.
Jonathan Litt continues to push for change at the Canadian department store group, announcing he may seek the removal of several directors following the recent departure of the CEO.
Executive chairman Richard Baker will step in to lead the department store group as it continues on a cost-cutting transformation plan.
Executive chairman Richard Baker will step in to lead the department store group as it continues on a cost-cutting transformation plan.
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.