Business ❯Retail

Department Stores

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Kohl’s Fires CEO Ashley Buchanan Over Conflict of Interest

Buchanan was terminated after an investigation revealed undisclosed vendor transactions tied to a personal relationship, with Michael Bender stepping in as interim CEO.

Galeria Overhauls Leadership, Appoints Dual Management Team

Hudson’s Bay to Liquidate Final Six Stores as Asset Sales Advance

Saks Fifth Avenue to Close San Francisco Union Square Store in May

Neiman Marcus Dallas Flagship Secures Temporary Reprieve Through 2025 Holidays

UK Retail Sales Defy Forecasts with February Growth

Kohl’s to Close 27 Stores Across 15 States This Saturday

Hudson’s Bay to Liquidate Most Stores as Court Approves Plan

Kohl's Halts Amazon Returns at Select Stores in Strategic Test

Hudson's Bay Awaits Court Approval for Liquidation After 355 Years

Hudson’s Bay Begins Liquidation, Marking the End of a 355-Year Legacy

Hudson’s Bay to Begin Liquidation Process After Failing to Secure Financing

John Lewis Profits Triple to £126m, but Staff Bonus Skipped for Third Year

Boohoo Rebrands as Debenhams Group in Bold Turnaround Strategy

Kohl’s Reports Weak Earnings and Stock Drops to Decades-Low Levels

Hudson’s Bay Granted Creditor Protection to Restructure Operations

Macy's Reports Mixed Results and Lowers 2025 Guidance Amid Economic Pressures

Starbucks Appoints Cathy Smith as New CFO in Leadership Overhaul

JCPenney to Close Eight Stores Across Eight States in 2025

Gas Explosion at Taiwan Mall Kills 5, Injures 26

Steve Madden Acquires British Luxury Brand Kurt Geiger for $360 Million

Beales to Close Final Store After 144 Years, Citing Rising Costs

Ginette Moulin, Icon of Galeries Lafayette and French Business, Dies at 98

Inquest Reveals Unsafe Mirror Installation Led to 5-Year-Old's Death in 2021

Galeria Emerges Profitable After Restructuring and Ownership Change

Bloomingdale’s to Close San Francisco Flagship Store After Nearly Two Decades

Kohl’s to Close 27 Stores and Fulfillment Center as Part of Restructuring

Luxury Brands Face Challenges as Consumer Habits Shift During Economic Downturn

Macy's to Close 66 Stores in 2025 as Part of Restructuring Plan

Luxury Jewels Worth Up to €500,000 Stolen in Parisian Department Store Heist

Nordstrom to Go Private in $6.25 Billion Acquisition Deal

Nordstrom to Go Private in $6.25 Billion Deal Led by Founding Family

Queen Camilla Awards Royal Warrants to Trusted Fashion and Beauty Partners

Alibaba Sells Intime Department Store Chain for $1 Billion

Macy's to Close 65 Stores by Year's End as Part of Strategic Overhaul

Macy’s Concludes $151M Accounting Scandal Investigation, Updates Strategy and Earnings Forecast

Activist Investors Push Macy’s to Restructure Real Estate and Cut Spending

Nordstrom Reports Strong Q3 Sales Growth but Faces Profit Decline

Macy's Delays Earnings Report After Employee Conceals Up to $154M in Delivery Costs

Kohl's Shares Plunge 20% Following CEO Exit and Disappointing Sales Report

Salah Fayed Accused of Sexual Assault by Former Harrods Employees

Saks Fifth Avenue Cancels Iconic Holiday Light Show

Galeria Workers Strike Over Controversial Wage Conditions

Met Police Knew of Al Fayed Allegations a Decade Earlier, Reports Reveal

John Lewis Commits £800 Million to Revamp Stores with New Attractions

Bianca Gascoigne Accuses Mohamed Al Fayed of Sexual Assault at Harrods

Saudi Sovereign Fund Acquires 40% Stake in Selfridges

John Lewis Scraps CEO Role Amid Leadership Restructure

Ex-Harrods Executive Claims Fenwick Retracted CEO Job Offer

Nigel Blow Withdraws from Fenwick CEO Role Amid Fayed Abuse Allegations

Mohamed Al Fayed's Dark Legacy: Harrods Urged to Reveal NDAs

Met Police Investigates New Allegations Against Late Harrods Owner Mohamed Al Fayed

Adrian Cheng Resigns as CEO of New World Development Amid Record Losses

Harrods Probes Staff Ties to Fayed's Alleged Abuse Amid New Claims

Kmart to Close Last Full-Size Store in Continental U.S.

John Lewis Partnership Narrows Losses and Forecasts Higher Profits

Nordstrom Family Proposes $3.8 Billion Buyout to Take Retailer Private

John Lewis Revives 'Never Knowingly Undersold' Price Promise

Burlington Stores' Q2 Profit Surges, Raises Fiscal 2024 Outlook

Kohl's and Nordstrom Navigate Retail Challenges with Profit Gains and Strategic Adjustments

Target's Strategic Price Cuts Drive Sales Growth Amid Inflation

Macy's Faces Sales Decline Despite Profitability, While Target Sees Growth

July Retail Sales See Modest Rise Boosted by Euros and Summer Discounts

Grilled Eel Poisoning in Japan Results in One Death and Over 140 Illnesses

Macy's Ends Buyout Talks with Arkhouse and Brigade

Amazon Joins Saks and Neiman Marcus in $2.65B Fashion Deal

Hudson's Bay Company Acquires Neiman Marcus for $2.65 Billion

Kohl's Faces Major Stock Decline After Disappointing Q1 Earnings

Bruce Nordstrom, Visionary Retail Leader, Dies at 90

Babies R Us Relaunches in Kohl's Stores Nationwide

Nordstrom Founders Plan to Take Company Private

Easter Sunday 2024 Celebrated on March 31; Store Closures and Traditions Highlighted

Nordstrom Family Explores Taking Retailer Private Again

John Lewis Partnership Returns to Profit but Foregoes Staff Bonus Again

AstraZeneca Acquires Amolyt Pharma for $1.05 Billion

Kohl's Partners with Babies 'R' Us to Open Shops in 200 Stores

Kohl's Surpasses Earnings Expectations, Partners with Babies“R”Us

IKEA Leads U.S. Retailers in EV Charging Availability, Study Finds

Nordstrom Faces Financial Challenges, Banks on Nordstrom Rack for Growth

Arkhouse and Brigade Increase Macy's Buyout Offer to $6.6 Billion

Macy's Announces Closure of Flagship San Francisco Store Amid Nationwide Cutbacks

M&S Wins Legal Battle Against UK Government Over Oxford Street Store Redevelopment

Macy's to Close 150 Stores in Restructuring Effort

High Court Reviews M&S's Legal Challenge Against Government's Block on Oxford Street Store Demolition

Dillard's Executives Invest Over $427K in Company Stock

Man Arrested for Threatening People with Samurai Sword in Walmart

KaDeWe Group Files for Insolvency Amid Rising Rents

Texas Man Sues Macy's, Sunglass Hut Over Wrongful Arrest Due to Facial Recognition Error

Macy's Rejects $5.8 Billion Takeover Bid Amid Financial Struggles

Macy's to Lay Off 2,350 Employees and Close Five Stores

US Retail Sales Rise Despite Economic Uncertainties

Galeria Karstadt Kaufhof Files for Insolvency for Third Time

New Year's Eve and Day Store Hours Announced

Former U.S. Senator and Milwaukee Bucks Owner Herb Kohl Dies at 88

Signa's Key Retail Property Division Files for Bankruptcy

Takashimaya Apologizes for Hundreds of Damaged Christmas Cakes

Macy's Faces Takeover Bids Amid Leadership Transition

US Retail Sales Rise 0.3% in November, Beating Expectations

Colorado Thieves Convicted of Felony Theft Despite Sale Price Defense

Macy's Receives $5.8B Buyout Bid from Arkhouse and Brigade Capital