Back in February, American department store chain Macy’s announced it would be closing 150 stores as it plans on shifting its priority toward the marketing of its luxury items. It plans to close its ...
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 ...
PARIS, Nov 24 (Reuters) - Shein's move into the flagship BHV in Paris has added political heat to the troubles of department stores, which are facing an existential threat from shoppers' shift to ...
In 1990, Macy's was hardly the chain it is today. That year, four of the top 10 U.S. retailers on McKinsey & Company's list were department store companies, but Macy’s wasn’t one of them. Early in the ...
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