The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.
The luxury department store, a unit of New York-based Macy’s, announced it would close its 339,000-square-foot flagship store at the half-empty San Francisco Centre at 865 Market Street, near Union ...
American consumers wrapped up the year in a spending mood, shopping for all sorts of merchandise from furniture to clothing, ...
Retailers to shutter nearly 20 underperforming locations as part of a national downsizing strategy in the industry.
Macy’s is set to close five New York City locations over the next three months as part of its nationwide cutbacks. Of course, ...
A customer exits the Macy's flagship department store in midtown Manhattan in New York City, U.S., December 11, 2023. REUTERS/Brendan McDermid/File Photo NEW YORK, Jan 11 (Bernama-Xinhua) -- Macy's ...
The department store has reportedly been struggling with declining sales, which has been affecting the wider sector for years ...
A&S sat along "Department Store Row" with other giants of retail that have long since been absorbed by other companies or ...
The closure is the latest drama on a stretch of East Market Street that’s been the focus of a recent and fierce civic debate ...
Two retail giants and a department store ... “Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy’s stores to allow us to focus ...
NEW YORK, Jan. 10 (Xinhua) -- Established U.S. department store Macy's Inc. has announced the closure of 66 underperforming stores as part of a broader restructuring plan to shutter approximately 150 ...
No sooner did Kohl’s announce plans to shutter some of its stores in Idaho and elsewhere than Macy’s followed suit. The iconic New York-based department-store chain, founded in 1858 ...