This week, Saks Fifth Avenue’s online arm appeared to be headed for a $6 billion IPO while an activist investor pushed Macy’s to follow suit and spin off its own e-commerce unit. But splitting up online and offline businesses, while tempting in the short-term, may be detrimental to long-term value creation.

Department stores are investing in private label brands, e-commerce offerings and product collaborations to capture younger consumers, but it remains to be seen if the strategy is working.

Macy’s Inc on Tuesday raised its forecast for annual sales and earnings, betting on pent-up demand as shoppers vaccinated for the coronavirus return

Quintessential mall stores from Macy’s Inc. to Kay Jewellers to Gap Inc. are plotting out a post-Covid future — and traditional shopping centres

Current chief operating officer John Harper will step down effective August 1 with no replacement, meaning his direct reports will report to to Jeff

Macy’s Inc. is tapping the junk-bond market to capitalise on record-low borrowing costs after reporting better-than-expected holiday sales and

Macy’s Inc forecast 2021 sales largely above Wall Street estimates on Tuesday as the retailer bets on its growing online business and the return of

This week, everyone will be talking about who is, and isn’t, showing at Milan Fashion Week, plus financial results from some of the biggest new and old retail names.