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Macy's lays off 100 employees, names new president to restructure merchandising unit

Macy’s lays off 100 employees, names new president to restructure merchandising...

Macy's Inc. announced a management shakeup Monday, with the hiring of an eBay executive, Hal Lawton, as President and...

Amazon’s worth is now more than top 8 brick-and-mortar retailers combined

According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth...
Macy's, Sears, J C Penney pull out of malls, $48 bn of loans at risk

Macy’s, Sears, JCPenney pull out of malls, US$48 bn of loans...

New research by Morningstar shows that there is no end in sight for the shopping mall crisis in the US.The...
Apple shop debuts in Macy's flagship store

Apple shop debuts in Macy’s flagship store

Macy's flagship Herald Square store in US now houses an Apple shop, which will be manned by Apple associates....
In another blow to Welspun, J C Penney offers refunds on 'questionable' products

In another blow to Welspun, J C Penney offers refunds on...

In what is being seen as a spin-off of the Welspun disaster, US-based retailer J C Penney has said it...
Macy's plans to close about 100 stores

Macy’s may shut down nearly 100 stores early next year

Macy's Inc is planning to close about 100 stores. Macy’s closures represent about 15 per cent of the company’s...
Sneak Peek: Top 10 US e-tailers and 8 were once just brick-and-mortar

Sneak Peek: Top 10 US e-tailers and 8 were once just...

The world's biggest and most successful retailers have converted challenge into opportunity in astonishing numbers and Indian brick-and-mortar retailers - feeling...

5 international department stores that are struggling to survive

Big Box Stores Getting Smaller Despite the fact that retailers internationally are working hard to adjust to a more digital...
Rising online sales hurting retail stores in malls

Rising online sales hurting retail giants like Gap Inc

Iconic American stores Macy's and Gap are facing tough questions about their future following dreary earnings announcements this week...
Jewellery sales remain obscure online; but apparel sales rule the roost

Apparel, not jewellery, to rule the online roost

Despite the online boom, jewellery sales remain elusive on e-commerce portals though apparel, watches and footwear continue to catch...
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