Will ordering less inventory help department stores this holiday season?

Nov 9, 2017
The holiday season is approaching, and there are reports that department stores, including Kohl’s, Macy’s and Nordstrom are ordering less inventory. After a year of declining sales and foot traffic, these retailers don’t want piles of unsold stock eating into…

Macy's to hire fewer holiday workers, but more of them will pack online orders

Sep 19, 2017
It’s a holiday tradition: every fall, retailers staff up their stores to prepare for the inevitable crush of shoppers. But this year, Macy’s said it’ll be hiring fewer holiday workers — about 80,000 people in total. And more of those…

Macy’s tries another strategy to hang in the retail game

Jun 14, 2017
Macy’s, like so many other department giants, is reeling from falling sales. Dozens of it stores have shut down as it loses foot traffic to online competition. To reboot itself, Macy’s says it has a new strategy: It plans to…

Store-branded cards are a life raft for sinking retail

May 12, 2017
Department stores, those vestiges of the past, just can’t catch a break these days. Yesterday, shares of both Macy’s and Kohl’s plummeted as investors grow more pessimistic about brick-and-mortar retail in an e-commerce world. There is one silver lining: Business…

More than 60,000 retail workers lost their jobs since January

Apr 19, 2017
Seems like every time you turn around, another department store chain is closing locations and laying off people – Macy’s, Sears, J.C. Penney — and these are just the biggies. Since January, nearly 61,000 jobs have been eliminated in the retail…

Macy’s closings reflect new retail realities

Jan 5, 2017
These are tough times for department stores.

What was behind Macy's decision to cut more stores?

Aug 11, 2016
A look at what drives brick-and-mortar retail strategy in an online-dominant era.
People walk past Macy's flagship store in Herald Square on Thursday in New York City. The retailer announced plans to close 100 stores nationwide.
Drew Angerer/Getty Images

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Department store rivals more successful at attracting younger buyers

May 19, 2016
Department stores haven't been doing so well. Big box stores like Target have been handling this winter better.
Though Target's electronic sales have been struggling, its apparel and home sales are up.
Alex Wong/Getty Images

It's beginning to look a lot like markdowns

Nov 11, 2015
Warm weather and fewer tourists have left big retailers with too much inventory

Retail chains feel pressure from low consumer spending

Aug 12, 2015
Companies like Macy's are developing strategies to compete with online retail.