The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions ...

The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the ...

Globally, online shopping is projected to continue its strong upward trend. A lack of physical constraints has enabled ...

A new YouGov report reveals key insights into the skincare habits of Gen Z consumers, shedding light on their attitudes ...

Activist investors are focused on finances, but the struggling department store may benefit more from studying its rival’s ...

Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a ...

The move comes as the company lays off over 500 employees at its corporate headquarters. Big Lots will start going out of ...

In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry ...

Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales ...

Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as Bergdorf Goodman’s president. The completion of the acquisition brings ...

“Thousands of Amazon workers around the country have courageously united to take on one of the world’s most abusive employers ...

There isn’t a retailer that hasn’t been inundated with messages about how artificial intelligence can revolutionize most, if not all, business functions. But how much to believe the hype?