Sales at 59 department stores around the world fell on average 1.6 percent in 2023, according to tabulations by the International Association of Department Stores. In a release Monday, the IADS blamed ...
Korea JoongAng Daily on MSN
Department store sales soar over holiday as cold and rain keep people indoors
Department stores saw a significant uptick in sales over the Chuseok holidays, while big-box retailers struggled — a divide ...
America’s department stores continue to show weakness while the rest of the retail industry demonstrates resilience amid macro uncertainties, tariff and recession fears and slumping consumer sentiment ...
NEW YORK — Kohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — as the struggling department store chain aims to boost ...
NEW YORK — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The annual sales event no longer creates the ...
It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From Ollie’s ...
NEW YORK — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The annual sales event no longer creates the ...
NEW YORK (AP) — Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss ...
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 ...
SEOUL (Reuters) - South Korea's department store sales in April rose at their fastest pace in three months, final government data showed on Monday, as warmer weather and more holidays in the month ...
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How ads from The Bay changed over the decades
Founded in 1670, the Hudson’s Bay Company (HBC) was the oldest company in Canada. While it started as an enterprise to facilitate the fur trade, it grew into an iconic department store that has been ...
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