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Kohl's department store
News

Kohl's Makes Moves To Shrink Floor Space At Half Its Stores

... U.S. The national department store chain has announced initiatives to downsize approximately half of its stores by the end of the ... selling space and working to ensure that shopping in our stores is an engaging and inspiring experience for our customers,” ...

Aug 25, 2017
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Gymboree To File For Bankruptcy Again, Liquidate All Remaining Stores
News

Gymboree To File For Bankruptcy Again, Liquidate All Remaining Stores

... , although the future of Janie and Jack and Crazy 8 stores, also owned by Gymboree, remains uncertain. Gymboree first filed ... Gymboree afloat for long. Gymboree's misery has company in department store icon Sears, which is mired in a bankruptcy proceeding ...

Jan 15, 2019
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Google logo
News

Google And Microsoft Make A Big Push Into Grocery And Department Store Retail

... which will see them push further into the grocery and department store retail space, respectively. Google announced a tie-up with ... retailer M&S to test artificial intelligence systems in its stores and operations.A team of AI engineers and product personnel ...

Jun 27, 2018
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EXCLUSIVE: Ares Buys Famous City Building After Department Store Closure And Plans New Wolseley Site
News

EXCLUSIVE: Ares Buys Famous City Building After Department Store Closure And Plans New Wolseley Site

... rent, according to loan documents. House of Fraser has vacated stores across the UK, and the owners of those buildings are ... supposed to run until at least 2033. But when the department store exited the lease it decided to sell rather than ...

May 03, 2019
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Michael Kors
News

Michael Kors To Shutter Up To 125 Stores

... and the company's wholesale business, which mostly consists of  department store sales, dropped 22.8% in Q1, the company announced ... to closures, the company will renovate more than 100 stores, introduce innovative designs and raise prices in an attempt ...

May 31, 2017
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Macy's To Close Two Bay Area Stores In March
News

Macy's To Close Two Bay Area Stores In March

... its Stonestown Galleria location in San Francisco in March. The department store chain said Thursday it will close the store along ... turn the Macy’s building into a mix of small stores, restaurants and a movie theater. Macy’s also sold its ...

Jan 04, 2018
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Macy's
News

Macy’s To Launch 45 Discount Pop-Up Units At Its Stores To Drive Sales

... Americans are spending and the Commerce Department reported earlier this week that US ... test 45 off-price Backstage units at its stores to make some extra cash, Retail Dive ... well and improving the productivity of its base stores, so that’s where the firm is ...

Nov 17, 2016
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Macy's
News

Downsize Me: Macy's Sells 5 Stores To General Growth Properties

... s announced the sale of five of its stores to General Growth Properties earlier this week. ... would close around 100 of its 750 stores, and the sell-offs have begun. Of ... . The bad days aren’t over for the department chain. The retailer reported a 2% drop in ...

Nov 02, 2016
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Mark Toro North American Properties
News

'The Department Store May Very Well Be Dead' — What's Next?

“The department store may very well be dead,” North ... . “The question becomes, what are shopping malls and stores going to have to do to bring people back, ... get people off the sofa and into stores.” Developers' old model was to dedicate 70% of ...

Jan 05, 2017
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Nordstrom store
News

Nordstrom Heirs Consider Taking Struggling Department Store Chain Private

... shifting consumer preferences. Retailers are gearing up to close more stores this year than at anytime in the last two decades ...

Jun 09, 2017
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