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Retail

US Department Stores Steady Profitability — Even as Sales Slide

US department store chains have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.

Retail

US Department Stores Steady Profitability — Even as Sales Slide

US department store chains have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.


News & Analysis

Macy's, Kohl's Slash 2016 Profit Forecasts Citing Weak End to Year

Macy's said the shutdown of 68 stores, a part of the 100-store closures the company had announced in August last year, may result in the layoff of about 3,900 associates.

News & Analysis

Macy's, Kohl's Slash 2016 Profit Forecasts Citing Weak End to Year

Macy's said the shutdown of 68 stores, a part of the 100-store closures the company had announced in August last year, may result in the layoff of about 3,900 associates.


Workplace & Talent

Power Moves | Salvatore Ferragamo Names Men's Design Director, CEO Departs DVF

This week, Guillaume Meilland has joined Salvatore Ferragamo as design director of men's ready-to-wear, and Gap has appointed Teri List-Stoll executive vice president and chief financial officer.

Workplace & Talent

Power Moves | Salvatore Ferragamo Names Men's Design Director, CEO Departs DVF

This week, Guillaume Meilland has joined Salvatore Ferragamo as design director of men's ready-to-wear, and Gap has appointed Teri List-Stoll executive vice president and chief financial officer.


News & Analysis

Macy's and Kohl's Have Good News on Wage Growth

Both Macy’s Inc. and J.C. Penney Co. reported earnings this week and faced questions about employee wage pressures as staffing levels increase for the holiday months.

News & Analysis

Macy's and Kohl's Have Good News on Wage Growth

Both Macy’s Inc. and J.C. Penney Co. reported earnings this week and faced questions about employee wage pressures as staffing levels increase for the holiday months.


Retail

Amazon to Hire 120,000 Temporary Workers for Holiday Season

Meanwhile, rival US retailers have taken a cautious view of the holiday selling season this year.

Retail

Amazon to Hire 120,000 Temporary Workers for Holiday Season

Meanwhile, rival US retailers have taken a cautious view of the holiday selling season this year.


Retail

Kohl's To Hire Over 69,000 Workers This Holiday Season

Kohl's said it would hire more than 69,000 extra workers in the United States for the holiday selling season, the same as last year.

Retail

Kohl's To Hire Over 69,000 Workers This Holiday Season

Kohl's said it would hire more than 69,000 extra workers in the United States for the holiday selling season, the same as last year.


Financial Markets

Macy’s, Kohl’s Fall on Concern About Slow Department-Store Sales

Shares of Macy’s, Nordstrom and Kohl’s fell after reports about weak summer sales reignited fears of a department-store slump.

Financial Markets

Macy’s, Kohl’s Fall on Concern About Slow Department-Store Sales

Shares of Macy’s, Nordstrom and Kohl’s fell after reports about weak summer sales reignited fears of a department-store slump.


Retail

Under Armour to Partner With Kohl’s in Push to Become Mainstream

Under Armour Inc. is expanding its reach through a partnership with Kohl’s Corp.

Retail

Under Armour to Partner With Kohl’s in Push to Become Mainstream

Under Armour Inc. is expanding its reach through a partnership with Kohl’s Corp.


Retail

How Online Shopping Is Cannibalising Mall Stores

Online shopping is reaching such a critical mass with American households that many of the icons of the traditional mall — from Macy's to The Gap and J.C. Penney — face an increasingly uncertain future.

Retail

How Online Shopping Is Cannibalising Mall Stores

Online shopping is reaching such a critical mass with American households that many of the icons of the traditional mall — from Macy's to The Gap and J.C. Penney — face an increasingly uncertain future.


Retail

Department Store Operator Kohl's Eliminates 3 Senior Positions

Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization".

Retail

Department Store Operator Kohl's Eliminates 3 Senior Positions

Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization".