Hosted on MSN

Can the French Reinvent America’s Broken Department-Store Model?

The American department-store model is broken. A French operator that recently opened a flagship store in New York City thinks it has a better one. Printemps New York is following the European ...
Retail Dive

What’s up with department stores?

After a slew of department stores shuttered last year, including the liquidation of Canadian icon Hudson Bay, more are set to close in 2026 — and probably every year for years to come. Mall anchor ...
Vogue

What’s Working — and What’s Not — for US Department Stores in 2026

When Saks Global filed for Chapter 11 bankruptcy protection in January, it raised uncomfortable questions about the viability of the American department store. Can a retail model built on volume and ...
U.S. News & World Report

Saks Global Collapse Shows Struggles of Department Store Model, Kering CEO Says

PARIS, Feb ‌10 (Reuters) - Luca ‌De Meo, the CEO of ‍Gucci-owner Kering, said on Tuesday ⁠the crisis at high-end department store conglomerate Saks Global ‌shows that the distribution model ‌of ...
Retail Dive

Can Dillard’s save the mall?

Maybe if a department store is going to get what it needs from a mall it anchors, it should buy the place. Dillard’s has done just that: Trademark Property Co. last week announced that it had ...