After a relatively stable 2022, store closures are expected to pick up again in 2023 — and department stores will likely lead the way. As retailers face challenges in traffic, sales and margins going ...
Sales, profits and margins have been stronger at off-pricers, and that won’t change any time soon, according to a UBS report this week. The simultaneous rise of off price and decline of full-line ...
Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department store industry in decades of decline. The gradual demise of the ...
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