Department Stores

News & Analysis

Report: Neiman Marcus Advances Bankruptcy Preparations

3 April 2020 • By Reuters

3 April 2020 • By Reuters

The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.

News & Analysis

Report: Neiman Marcus Advances Bankruptcy Preparations

The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.

News & Analysis

Macy's to Furlough Nearly 130,000 Employees

30 March 2020 • By Reuters

30 March 2020 • By Reuters

The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.

News & Analysis

Macy's to Furlough Nearly 130,000 Employees

The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.

News & Analysis

Why Neiman Marcus Is Getting Rid of Its Off-Price Stores

12 March 2020 • By Cathaleen Chen

12 March 2020 • By Cathaleen Chen

The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits.

News & Analysis

Why Neiman Marcus Is Getting Rid of Its Off-Price Stores

The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits.

BoF Professional Exclusive

Raf and Miuccia Steal the Spotlight from Paris

23 February 2020 • By Brian Baskin

BoF Professional Exclusive

Raf and Miuccia Steal the Spotlight from Paris

This week, everyone will be talking about Paris Fashion Week, the bid to take Saks' owner private and a trio of earnings reports by fashion technology companies. Get your BoF Professional Cheat Sheet.

Macy’s Is Ditching the Mall. Will the Plan Work?

6 February 2020 • By Cathaleen Chen

Macy’s Is Ditching the Mall. Will the Plan Work?

The department store chain is closing 125 stores and opening a new small-format store concept. Analysts say pivoting away from struggling malls is a smart move.

BoF Professional Exclusive

Casper’s IPO Will Be a Moment of Truth for Fashion’s Start-Ups

2 February 2020 • By Brian Baskin

BoF Professional Exclusive

Casper’s IPO Will Be a Moment of Truth for Fashion’s Start-Ups

This week, everyone will be talking about Casper's IPO, the state of New York Fashion Week and Macy's strategy update. Get your BoF Professional Cheat Sheet.

BoF Professional Exclusive

Can the American Department Store Be Saved?

30 January 2020 • By Cathaleen Chen

BoF Professional Exclusive

Can the American Department Store Be Saved?

After a year of dismal sales growth, closures and bankruptcies, the multi-brand retailers still standing continue to face an uphill battle. Where’s the hope?

News & Analysis

John Lewis Boss to Exit After Weak Christmas Sales

9 January 2020 • By Reuters

9 January 2020 • By Reuters

Sales at one of Britain's best known store chains fell by 2 percent during the holiday period.

News & Analysis

John Lewis Boss to Exit After Weak Christmas Sales

Sales at one of Britain's best known store chains fell by 2 percent during the holiday period.

News & Analysis

Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse

24 December 2019 • By Bloomberg

24 December 2019 • By Bloomberg

Some of the most familiar names have already collapsed into bankruptcy or liquidated this year. Among the survivors, fates have diverged.

News & Analysis

Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse

Some of the most familiar names have already collapsed into bankruptcy or liquidated this year. Among the survivors, fates have diverged.

Op-Ed | The End of Fashion Establishment Gatekeepers

17 December 2019 • By Chantal Fernandez

Op-Ed | The End of Fashion Establishment Gatekeepers

A top tier of editors, photographers, stylists and buyers once decided which designers and which trends would dictate a season. But that validation no longer carries the same weight with customers.