The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.

Saks Global has secured roughly $1.75 billion in financing, the New York company said as filed for Chapter 11 bankruptcy Wednesday in the Southern District of Texas.

Just eight weeks ago, Saks Fifth Avenue was celebrating the return of its annual holiday lights display at its Manhattan flagship store. The splashy November premiere, complete with an appearance by ...

The iconic department store chain closes three warehouse facilities and lays off over 1,000 workers.

Department stores used to rule the retail world. Chains like Macy's, Filene's, and J.C. Penney anchored malls and drove people to shop. When I was younger, back in the 1980s and 90s, these stores were ...

From the trajectory of the department store segment to the rise of generative AI, here’s what Retail Dive is keeping an eye ...