Clusterstock  11 hrs ago  Comment 
It's Black Friday, which means American consumers everywhere are knocking down doors in their efforts to take advantage of what they perceive to be a good deal. But Black Friday is just one day in a year during which retailers are engaged in...
Forbes  Nov 23  Comment 
Department stores are being 'out-retailed' by specialty retailers, and women's apparel — the core business in this sector — isn't selling. Can department stores find a solution?  Nov 17  Comment 
WASHINGTON (dpa-AFX) - Kohl's Department Stores (KSS) announced the appointment of Sona Chawla to the newly created position of Chief Operating Officer. She will join Kohl's on November 30, and will report directly to...
New York Times  Nov 14  Comment 
As department stores struggle, Saks is trying to restore its glory with a $250 million renovation of its storied Manhattan flagship.
The Economic Times  Nov 13  Comment 
US stocks were lower after Cisco's disappointing forecast and as weaker-than-expected October retail sales data and forecast cuts by department stores.
Clusterstock  Nov 13  Comment 
By Sruthi Ramakrishnan and Tenzin Pema (Reuters) - Slumping same-store sales at upscale U.S. department store operator Nordstrom Inc could point to more than a glut in retailers' inventories, not just a longer-than-usual spell of warm weather and...
Financial Times  Nov 13  Comment 
Mid-market department stores are brought low by the rise in online shopping
Clusterstock  Nov 12  Comment 
Mounting inventory at Macy's Inc portends a tough holiday quarter for U.S. department store operators as they compete with home improvement and electronics retailers for the attention of thrifty customers. Inventory was up 4.6 percent at the end...
Forbes  Nov 11  Comment 
In trading on Wednesday, oil & gas equipment & services shares were relative laggards, down on the day by about 4.4%.  Helping drag down the group were shares of Atwood Oceanics (ATW), down about 10.8% and shares of Newpark Resources (NR) off...
Forbes  Oct 28  Comment 
C.K. Tang arrived in Singapore in 1922 and built a family business that now includes department stores and a landmark hotel. His grandson Sean carries on that legacy.


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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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