[ad_1] CVS Health plans to close dozens of pharmacies inside Target stores at a time when pharmacy chains are struggling to grow retail profits. CVS will close the pharmacies between…
Tag: Department Stores
Nearly Five Million Portable Blenders Recalled Over Fire, Laceration Risks
[ad_1] Nearly five million portable blenders sold at retailers including Walmart, Costco and Target have been recalled over fire and laceration risks. The U.S. Consumer Product Safety Commission has asked…
Chinese Tourists Are Back. They Just Aren’t Shopping Like Before.
[ad_1] Dec. 16, 2023 11:00 pm ET HONG KONG—The retail world used to cater to Chinese tourists. Luxury shops opened wherever they went, and Parisian department stores hired Mandarin speakers.…
The American Store Is Shrinking
[ad_1] Updated Dec. 12, 2023 5:04 pm ET Listen to article (1 minute) The average store size in the U.S. is the smallest it’s been in at least 17 years,…
Macy’s Billion-Dollar Question: What’s More Valuable, Real Estate or the Business?
[ad_1] A potential buyout of Macy’s by an investor group revives an old theory: that much of the value in retail lies in real estate. Macy’s shares surged Monday after…
Macy’s Buyout Could Take a Miracle on 34th Street
[ad_1] A suitor has shown up at Macy’s door. As any shopper knows, though, wanting to buy something is one thing and being able to afford it is another. Real-estate…
WSJ News Exclusive | Investor Group Launches $5.8 Billion Buyout Bid for Macy’s
[ad_1] Updated Dec. 11, 2023 8:07 am ET An investor group has made a $5.8 billion offer to buy Macy’s, in a bid to take the famed department-store chain private…
WSJ News Exclusive | Neiman Marcus Rejects $3 Billion Takeover Bid by Saks
[ad_1] Saks Fifth Avenue wants to buy rival Neiman Marcus. Neiman is open to a deal. But the two luxury retailers can’t agree on the terms of a marriage. This…
WSJ News Exclusive | Chasing Neiman Marcus: Saks’s Latest Merger Bid Is Rejected
[ad_1] Saks Fifth Avenue wants to buy rival Neiman Marcus. Neiman is open to a deal. But the two luxury retailers can’t agree on the terms of a marriage. This…