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Whiteleys epitomises the evolution of retail
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Looking to better compete in the age of e-commerce, Macy's has enlisted the help of Google Cloud to overhaul its distribution centers.
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Macy's and Kohl's both announced expectations to continue shrinking, with plans to shutter more than 90 stores between them in 2025.
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Macy's is looking to raise debt financing to stave off bankruptcy.
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As department stores die — namely Sears and JC Penney — landlords are turning to apartments, hotels and other uses to fill the space.
As department stores and clothiers fail, so will U.S. malls, with 25% or more closing.
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If you weren't going to survive anyway, why offer a rent cut?
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Selfridges opts for hotel not offices for Oxford Street London site
This contract is preventing a number of mall landlords from salvaging their properties.
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For the second time In six years, the founding family of the high-end department store retailer is exploring taking the company private.
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