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Tag: department

Nordstrom says family won’t raise its stake in department store chain

Erik Nordstrom, Co-President and CEO of Nordstrom Inc, speaks during an interview on CNBC at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. Brendan McDermid | Reuters Nordstrom shares dipped on Monday after the department store chain said in a filing with the Securities and Exchange Commission the Nordstrom family …

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NRF: Online, department stores, discounters most popular for holiday shopping

Holiday shoppers plan to spread their shopping across multiple channels and types of stores. That’s according to the annual survey by the National Retail Federation and Prosper Insights & Analytics in which 56% said they will shop online. Fifty-three percent of shoppers will also shop in department stores and 51% will go to discount stores. …

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Scottish department store Watt Brothers goes into administration | Business

The Scottish department store group Watt Brothers has collapsed into administration with the immediate loss of nearly 230 jobs and about 80 more at risk. All 11 of the group’s stores were closed on Friday, but the flagship outlet on Glasgow’s Sauchiehall Street will open on 19 October for a clearance sale as administrators from …

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Macy’s ‘reimagines’ men’s department in Herald Square store

Macy’s is featuring curated assortments and new brands for men at its New York flagship. Macy’s is unveiling a major renovation to its main floor men’s destination of its 34th Street flagship in New York’s Herald Square. The reimagined store layout features new products and brands, as well as a curated space highlighting trends called …

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