Several major department stores posted better-than-expected Q3 comparable sales this week, but the results don’t change the fact that the whole sector is still in an existential fight to draw consumers back to stores.
Although the fourth most shopped womenswear retailer as of this year, Amazon has gained more shoppers than any other featured top retailer.
Major US department stores from Macy’s to Kohl’s mostly delivered better-than-expected Q2 results on Thursday, but results of a single quarter can't mask the challenges still facing the sector.
The luxury brand posted sales declines for the fiscal third quarter and said it is dropping its search for a potential acquirer.
Members of the family that founded Nordstrom, including key executives, said they are exploring the possibility of taking the company private. Here are some key data points showing the retailer's performance, drawn from the eMarketer Retail & Ecommerce database.
Macy's shook up the market with a warning that its margins will decline. Here are some key data points about Macy's, drawn from the eMarketer Retail & Ecommerce database.
All shoppers want savings and efficiency while in-store, but how they use their mobile phone to go about this varies, according to recent data.
Quarterly results from Macy's, Kohl's, Dillard's and others provide more evidence of deep trouble department stores are in.
Six months after bringing in a new CEO from Amazon, UK-based department store chain Debenhams is working to make its physical stores "more digital" and placing a greater emphasis on leisure experiences befitting an era of "social shopping."