Whiteleys epitomises the evolution of retail
Looking to better compete in the age of e-commerce, Macy's has enlisted the help of Google Cloud to overhaul its distribution centers.
Macy's and Kohl's both announced expectations to continue shrinking, with plans to shutter more than 90 stores between them in 2025.
Macy's is looking to raise debt financing to stave off bankruptcy.
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.
If you weren't going to survive anyway, why offer a rent cut?
Selfridges opts for hotel not offices for Oxford Street London site
This contract is preventing a number of mall landlords from salvaging their properties.
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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