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Can the French Reinvent America’s Broken Department-Store Model?

The American department-store model is broken. A French operator that recently opened a flagship store in New York City thinks it has a better one. Printemps New York is following the European ...
Marketplace

Department stores like Macy’s rely on an old shopping model. Can they change?

Macy’s is entering A Bold New Chapter — at least that’s what it calls the strategy it announced on an earnings call Tuesday that was designed to reposition the company. To make that happen, the retail ...
JD Supra

Revitalizing Retail: What Saks Global Means for the Luxury Market and the Future of Department Stores

On December 23, 2024, Hudson’s Bay Company, the parent company of Saks Fifth Avenue, completed its acquisition of Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman, for ...
Forbes

Why Community Might Be The Missing Piece To Revive Department Stores

All year round, Le Bon Marché Paris welcomes artists to create unique works to elevate its space and surprise visitors. It’s been a challenging time for department stores for a while now, with a ...
Retail Dive

Can Dillard’s save the mall?

Maybe if a department store is going to get what it needs from a mall it anchors, it should buy the place. Dillard’s has done just that: Trademark Property Co. last week announced that it had ...