The funding will help the social commerce platform’s plans to expand in Asia and develop AI-powered chat bots that will enhance the shopping experience.

The Seattle-based retailer once again showed it’s a leader in the department store sector.

The specialty chain tapped industry veterans with expertise in merchandising and marketing.

The ailing department store chain says its ceo search is progressing.

Several of ceo Doug McMillon’s longer-term initiatives are starting to benefit results.

The retailer reportedly has at least 50,000 unfulfilled online orders.

The turnaround has been stalled by the departure of the ceo last May.

MadaLuxe Vault is a unique retail model blending offprice and luxury in a boutique setting.

Opening brick-and-mortar stores is a key part of the turnaround strategy.

Macy’s improved on most fronts but missed on Wall Street’s high margin expectations, bringing down the share price.

The company’s executive team, now unified in Los Angeles, is focused on building out the assortment and growing its customer base.

The unit is just under 5,000 square feet and features a brand archive.

All three divisions – Macy’s, Bloomingdale’s and Blue Mercury – were cited for performing well.

Analysts and consultants are getting bullish on physical retail — and the upcoming holiday shopping season.

The service is gaining visibility and is geared toward alleviating hassles of returning items purchased online.