The inaugural World’s Best Sustainability/CSR Campaign by a Department Store award was handed to Selfridges for its “Buying Better, Inspiring Change” campaign.
— May 27, 2016
Forrester Research rated the struggling retailer as the best among U.S. retail chains for its omnichannel experience.
— May 26, 2016
The executive will replace Michael Sharp, who resigned last year after a string of disappointing results and profit warnings.
Steve Rowe, the new chief executive officer, is on a mission to turn around the retailer’s ailing clothing and home division.
— May 25, 2016
Lord & Taylor on Fifth Avenue has played the National Anthem every day when the store opens, but this Friday there will be a live performance by the USO Show Troupe.
— May 24, 2016
Macy’s and Local 1-S of the Retail, Wholesale and Department Store Union are in advanced contract talks.
Two senior executives have left the company, including the head of merchandising.
Analysts and industry observers see a retail environment that will continue to struggle.
— May 23, 2016
A stronger yen and a hike in Chinese import duties is biting into Japan’s retail business, making it a less attractive shopping destination for foreign tourists.