The decision followed a statement that bids received for the British department store were not at an acceptable level.
The decision followed a statement that bids received for the British department store were not at an acceptable level.
Hudson’s Bay has already closed several Lord & Taylor stores, including the flagship Manhattan location after agreeing to sell the building on Fifth Avenue.
Hudson’s Bay has already closed several Lord & Taylor stores, including the flagship Manhattan location after agreeing to sell the building on Fifth Avenue.
In an effort to drive foot traffic, Kohl’s is accepting Amazon returns in over 1,100 stores; Nordstrom will soon accept returns from Urbanoutfitters.com. These types of unlikely partnerships might be big retail’s smartest defence yet.
In an effort to drive foot traffic, Kohl’s is accepting Amazon returns in over 1,100 stores; Nordstrom will soon accept returns from Urbanoutfitters.com. These types of unlikely partnerships might be big retail’s smartest defence yet.
Lenders took control of the ailing retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.
Lenders took control of the ailing retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.
The department chain store said it will begin accepting returns for Amazon customers at all of its stores, starting in July.
The department chain store said it will begin accepting returns for Amazon customers at all of its stores, starting in July.
Labels that used to be available only at the local mall are changing their distribution models in order to build a direct, and hopefully more profitable, relationship with the consumer. But it's a tricky move to pull off.
Labels that used to be available only at the local mall are changing their distribution models in order to build a direct, and hopefully more profitable, relationship with the consumer. But it's a tricky move to pull off.
Chairman Terry Duddy will take over on an interim basis as the company seeks a successor to Sergio Bucher.
Chairman Terry Duddy will take over on an interim basis as the company seeks a successor to Sergio Bucher.
Look more closely at British retailing, and it’s far from a uniform picture of Brexit-induced gloom.
Look more closely at British retailing, and it’s far from a uniform picture of Brexit-induced gloom.
Despite its long history, Debenhams has been battling for survival after a consumer shift online and to cheaper outlets destroyed 90 percent of its share value in the past year.
Despite its long history, Debenhams has been battling for survival after a consumer shift online and to cheaper outlets destroyed 90 percent of its share value in the past year.
The British retail mogul has made a fresh bid to stave off a looming debt restructuring at Debenhams that would wipe out his equity.
The British retail mogul has made a fresh bid to stave off a looming debt restructuring at Debenhams that would wipe out his equity.
Like many of its peers, Woolworths has invested heavily in its beauty business by partnering luxury international brands such as House of Chanel, Estée Lauder and Jo Malone.
Like many of its peers, Woolworths has invested heavily in its beauty business by partnering luxury international brands such as House of Chanel, Estée Lauder and Jo Malone.
With many 2018 results falling short of forecasts, brands are coupling optimism for the year ahead with new retail strategies, in an attempt to maintain growth trajectories.
With many 2018 results falling short of forecasts, brands are coupling optimism for the year ahead with new retail strategies, in an attempt to maintain growth trajectories.
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.