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Department Stores News

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Macy’s to hire 83,000 seasonal workers for holiday season
By RBR Staff Writer
American department store retailer Macy’s plans to hire approximately 83,000 seasonal employees nationwide for the 2013 holiday season.
General Retailers > Department Stores > News
Von Maur Department Stores to expand in Southeast with first outlet in Alabama
US-based Von Maur Department Stores is all set to open its first store in Alabama at Riverchase Galleria Mall, Suburban Birmingham, on 2 November 2013.
General Retailers > Department Stores > News
Kohl’s Department Stores opens three new outlets
By RBR Staff Writer
US-based Kohl’s Department Stores (KSS) has opened three new stores in Hyannis, Massachusetts; Keene, New Hampshire; and Michigan City, Indiana; creating approximately 375 jobs nationwide.
General Retailers > Department Stores > News
Metro to sell department store subsidiary Kaufhof
By RBR Staff Writer
German department store chain Metro intends to divest its subsidiary Kaufhof, which has shown better valuation compared to last year and is also performing well.
General Retailers > Department Stores > News
Waitrose partners with Manor to expand in Switzerland
By RBR Staff Writer
British supermarket chain Waitrose has inked a partnership deal with Switzerland-based upmarket department store chain Manor to expand its footprint in Europe, beginning with Switzerland.
General Retailers > Department Stores > News
Arcadia Group to expand overseas, open 28 Topshop stores in US
By RBR Staff Writer
British retail giant Arcadia Group is accelerating global expansion with 150 franchise store openings across the world over 2014, including 28 Topshop stores in 28 days in the US.
General Retailers > Department Stores > News
Kohl’s to hire 50,000 seasonal employees
By RBR Staff Writer
American departmental store chain Kohl’s Department Stores (KSS) is planning to hire about 50,000 seasonal employees across its outlets in the US.
General Retailers > Department Stores > News
Signa acquires 75.1% stake in Karstadt’s sports, luxury division
By RBR Staff Writer
Austria-based real-estate investment company Signa has acquired 75.1% stake in German department store chain Karstadt’s sports business and luxury division, while the remaining 24.9% will be retained by Berggruen Holdings.
General Retailers > Department Stores > News
Myer to acquire apparel retailer Sass & Bide
By RBR Staff Writer
Myer Holdings, Australia-based department stores chain, has agreed to acquire the remaining 35% stake in Sass & Bide, a designer and retailer of women’s ready-to-wear, for a consideration of AUD$30m ($27.9m).
General Retailers > Department Stores > News
Canada Pension Plan, Ares acquire Neiman Marcus for $6bn
By RBR Staff Writer
Dallas-based Neiman Marcus, which is comprised of the specialty retail stores segment and the on-line segment, has been acquired by two private investors Ares Management and the Canada Pension Plan Investment Board (CPPIB), for $6bn.
General Retailers > Department Stores > News
John Lewis Partnership to open new outlet in London
By RBR Staff Writer
UK-based retailer John Lewis Partnership is planning to open a new store at Westfield London shopping center.
General Retailers > Department Stores > News
Topshop, Topman expand partnership with Nordstrom
By RBR Staff Writer
British multinational retailer Topshop and its stand-alone fashion business counterpart Topman have expanded partnership with American upscale fashion retailer Nordstrom.
General Retailers > Department Stores > News
Hudson's Bay signs $275.2m underwriting agreement to finance Saks acquisition
By RBR Staff Writer
Hudson's Bay Company, a Canadian department store company, has signed a $275.2m underwriting agreement with a syndicate of underwriters to finance a portion of the $2.9bn acquisition of American Saks Incorporated.
General Retailers > Department Stores > News
Saks' net loss widens in second quarter of fiscal 2013
By RBR Staff Writer
Saks, an upscale department store chain, has reported a wider net loss of $19.6m in the second quarter of fiscal 2013, compared to a net loss of $12.3m in the corresponding period a year ago.
General Retailers > Department Stores > News
Isetan Mitsukoshi to launch Mi Plaza outlets in Japan
By RBR Staff Writer
Isetan Mitsukoshi, the solely owned holding company of the Mitsukoshi and Isetan department stores, plans to launch small community-based stores, Mi Plaza, in Japan.
General Retailers > Department Stores > News
286-300 of 1937 results