Macy's will set off a wave of change at malls, as it closes about 150 namesake stores across the country by early 2027. The department store operator has long been a mall anchor, with stores that ...

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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 ...

Department stores are losing out on retail’s wins, teeing them up for owners to rethink or redevelop the large sites. Once considered a retail necessity to attract shoppers to sprawling malls, the ...

Forbes contributors publish independent expert analyses and insights. I cover major developments in the retail industry. Major department stores are searching for a direction on how to operate in this ...