Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as Bergdorf Goodman’s president.

The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the ...

Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a ...

About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s ...

The department store has more flexibility than others attempting a turnaround, but ongoing top-line weakness clouds its ...

Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales fell 8% in Q2. In his first earnings call as CEO, Hill didn’t mince ...

It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week, and what we’re still thinking about.

The accounting practice, embraced by department stores in the 1920s, is outdated, skews key metrics and fosters bad decisions ...

Activist investors are focused on finances, but the struggling department store may benefit more from studying its rival’s ...

The move comes as the company lays off over 500 employees at its corporate headquarters. Big Lots will start going out of ...