RECENT NEWS
Sydney Morning Herald  May 20  Comment 
The nation's top economic advisers have warned the government against trying to shield department stores from foreign online retailers, amid suggestions local shops may not have passed on the full savings of a high dollar to consumers.
The Globe and Mail  May 20  Comment 
U.S. owner Richard Baker eyes an initial public offering as sales start to improve at department stores
Business Wire  May 19  Comment 
Kohl’s Department Stores is donating $725,000 to support Children’s Hospital of Wisconsin with the launch of Kohl’s Cares®: The Great Safety Adventure®, a new mobile health education unit designed to help reduce the number of childhood
The Economic Times  May 18  Comment 
Taiwan stocks snapped three sessions of declines on Wednesday to end 0.68 percent higher, led by department stores and automakers .
Wall Street Journal  May 13  Comment 
For some department stores, clinging on in the mall has resulted in a lucrative victory.
TheStreet.com  May 13  Comment 
NEW YORK (TheStreet) -- Dillard's is dominating the retail sector after the department store reported a 57% surge in first-quarter profit due to fewer markdowns. During the quarter, Dillard's earned $76.7 million, or $1.31 a share, compared...
Reuters  May 12  Comment 
Nordstrom Inc forecast 2011 profit below analysts' view on charges related to its HauteLook acquisition, the first wrinkle in an otherwise smooth string of profit reports from department stores, which have been buoyed by consumers' willingness to...
Sydney Morning Herald  May 11  Comment 
AUSTRALIA'S largest department stores, Myer and David Jones, are pinning their hopes on momentum from a better than expected Easter sales period accelerating into winter.
WA Business News  May 11  Comment 
Myer Holdings says discount department stores are chomping away at the market share of upmarket chains as consumers continue to belt-tighten.




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Department stores such as Macy's Inc. (M) and Nordstrom (JWN) sell are retailers that sell a large range of items ranging from apparel and sporting goods to paint and furniture. Over the last 3 decades, department stores in the United States have undergone significant consolidation.

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