Department Stores

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Department Stores

Macerich Shareholders Threaten Lawsuit

Large shareholders discontented over rejection of Simon offer.

Humane Society Blasts Neiman Marcus

Alleging that Neiman Marcus continues to sell real animal fur as “faux,” The Humane Society of the United States has filed a 14-page legal petition with the Federal Trade Commission, seeking civil penalties for false advertising.

The Fred Segal Tokyo logo.

Fred Segal Preps for its Tokyo Shopping Center

Next week the company will unveil a 10,000-square-foot shopping center in Tokyo.

Dubai

Design District Rises in Dubai

Massive real estate development unveils first phase with a weekend of events.

Galeries Lafayette Hit by Robbery

The jewelry heist took place on Saturday at the Thiais store, near Paris.

Isetan

Isetan Opens New Concept Shop

As it continues to shift its focus to include not only traditional department stores but also small- and medium-sized concept shops, Isetan Mitsukoshi Holdings is opening a new multibrand boutique in Tokyo’s Roppongi district.

Marc Metrick

Marc Metrick In, Marigay McKee Out at Saks

In a surprise shake-up at Saks Fifth Avenue, Marc Metrick on Thursday was named president, replacing Marigay McKee, who is leaving the company.

A view of Belk's Dallas flagship.

Belk Retains Goldman Sachs

Belk says it’s considering options as it begins five-year strategic planning process.

Belk Seeking Sale?

Belk Inc is exploring a sale that could value the largest family-owned and operated department store chain in the United States at as much as $4 billion, including debt, people familiar with the matter said on Thursday.