HBC is working to restore profitability and reduce debt through selloffs and joint ventures.

The company it has signed an agreement to explore a joint venture, not to sell its European business.

Signa and HBC have reportedly signed a letter of intent for the fusion of the German Karstadt and Galeria Kaufhof department store chains.

The format will be quickly rolled out to all WeWork locations in the U.S.

T-shirt sales will benefit mental health organizations.

Questions are being raised over whether HBC is moving fast enough to monetize real estate.

HBC is striking real estate deals with a range of companies from Topshop to WeWork.

The closure was revealed as the group reported higher net losses but improved comparable-store sales at Saks Fifth Avenue.

The move comes as Gladd gears up for a 2020 IPO on the Tokyo Stock Exchange.

The sale of Gilt to Rue La La raises speculation about future possible selloffs.

HBC needs to raise its penetration of digital sales to be more competitive against such retailers as Macy’s and Neiman Marcus.

The retailer has a $6 million commitment to mental health initiatives by 2020.

The former Coty ceo is expected to become supervisory board chairman of HBC’s German and Belgian department store chain.

The breach was contained on March 31, but might have impacted all Saks Fifth Avenue, Saks Off 5th and Lord & Taylor doors in North America.

Department stores are gambling on talent from other sectors to revive their businesses.