Saks, Department Store
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Department stores once sold necessities. Now, many are struggling to remain in business amid the rise of online shopping.
A Magical Mess on MSN
Retail retreat: Why 5 big-name department stores are vanishing from senior communities
The landscape of American shopping is shifting beneath our feet. Department stores that once anchored malls and served as community gathering places are quietly disappearing from neighborhoods where seniors have shopped for decades.
Can department stores evolve enough to regain relevance? It might take more than the magic of Macy’s. The reason could be encapsulated in one sobering sentence by Macy’s CEO Tony Spring: The chain had been running “too many locations that were built ...
Today, it's easy to go on a shopping spree without leaving your couch, but it wasn't long ago that shopping was an event, and heading to a fancy department store might even require getting dressed in your Sunday best. Sadly, many of these iconic retailers ...
Big department-store chains from JCPenney to Macy’s are unloading their properties as fast as they can. Dillard’s is buying real estate. The department-store chain this month purchased the Longview Mall in Texas, about two hours east of Dallas.
While many department stores are closing, the family-owned Boscov's continues to open new locations. Boscov's employees attribute the chain's success to its focus on customer service. Unlike competitors, Boscov's maintains specialized services to enhance ...
One of the things that always struck me about this iconic department store was the immaculate windows, showcasing the latest trends, but now, they are covered with closing down signs.