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Department stores like Macy’s have a big problem, and it’s not Amazon: Discount retailers Target and TJMaxx continue to take their customers. Macy’s struggled during its latest quarter, adding to a ...
Target (TGT) is proving that it is America’s new department store. And that should terrify the executive teams at department stores such as Macy’s (M), Kohl’s (KSS), J.C. Penney (JCP) and Sears ...
Don Liu.[/caption] The running joke with Target Corp. is that customers will go into the store intending to buy an item or two and come out with a basket full of merchandise. That’s kind of what it’s ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NEW YORK — Department stores like Macy’s ...
Almost any non-essential retailer can look like a hero in 2021, after the pain of 2020’s results. Department stores are no exception, with several reporting positive Q2’s in recent weeks. However, ...
Malls will likely try to court grocery stores like Walmart and Target to replace department-store anchors in a post-pandemic world, analysts and experts say. The struggles of traditional ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. This article is more than 6 years old. No two ways about it ...
The running joke with Target Corp. is that customers will go into the store intending to buy an item or two and come out with a basket full of merchandise. That's kind of what it's like leading the ...
Just when retailers thought their imperative was to combine their e-commerce and stores into one, smooth, silo-free operation, along comes Saks Fifth Avenue, attracting hundreds of millions of dollars ...
Foot Traffic Is Weaker at Department Stores But Strong in Walmart (2:55 p.m.) Shoppers were spending in droves at Walmart, Costco and Target, according to Craig Johnson, president of retail research ...
The heyday is over. The question for department stores now is whether there will be a new day. Certainly, the pandemic has made that already sticky question all the more difficult to answer. But many ...