RECENT NEWS
Benzinga  Apr 25  Comment 
Green Street Advisors, a research gathering firm that focuses on real estate and REIT companies, believes department stores as a whole need to slash hundreds of sites to regain the productivity they enjoyed a decade ago. As noted by the Wall...
Wall Street Journal  Apr 24  Comment 
U.S. department-store chains need to close hundreds of locations if they want to regain the productivity they had a decade ago, according to real-estate research firm Green Street Advisors.
Forbes  Apr 11  Comment 
We have noted several times before that off-price is a driving force in apparel retailing in the US. These stores sell a mix of big-name brands, including prior season stock, at prices that are lower than normal. The name brand goods are typically...
Financial Times  Apr 3  Comment 
New management improves margins to buck gloom over US department stores
Clusterstock  Mar 28  Comment 
TOKYO (Reuters) - Activist investor Daniel Loeb urged Japanese retailer Seven & I Holdings Co Ltd to shut more unprofitable department stores, in an interview with the Nikkei newspaper on Monday. Seven & I, which owns Sogo department stores and...
Benzinga  Mar 16  Comment 
Deutsche Bank hosted a bull versus bear debate on department stores earlier this week. After the meeting, analyst Paul Trussell and his team issued a report breaking down the discussion, which confirmed the generally negative sentiment around the...
Financial Times  Mar 6  Comment 
In Abenomics’ fourth year the BoJ’s move will hurt banksbut other industries benefit
Reuters  Mar 1  Comment 
Brazilian investment bank Grupo BTG Pactual SA is looking to sell its stake in the Leader chain of department stores to a restructuring firm led by lawyer Fabio...
The Australian  Feb 24  Comment 
Wesfarmers has effectively merged department stores Kmart and Target in an effort to drive more retail earnings.




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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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