More From David Moin
Gail Sackloff, Champion of British Design, Dies at 80
A winner of the prestigious OBE Award, Sackloff maintained strong relationships in fashion and retail circles.
Hermès Executive Robert Chavez to Join Macy’s Board
The former president and CEO of Hermès Americas has extensive experience in luxury wholesaling and retailing.
How Real Estate Developers Are Adjusting to Shifting Consumer Spending Patterns
Department store attrition and changes in lifestyles have compelled landlords to diversify their properties…
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The Impact on Designers and Brands From the Saks-Neiman’s Merger
Saks Global executives say the financing of the deal recapitalizes the company and positions it to settle up…
How Saks Global Aims to Shake Up Retailing
The new company combining Saks and Neiman Marcus Group will be mainly led by the Saks team, but with many…
Retail 2024 Holiday Sales Rose 3.8%, According to Mastercard Report
Despite inflation, American consumers showed a willingness to spend more than last year but were very…
Holiday Gift Shopping Wrapped Up on a High Note
Retailers appeared on track to meet or even beat their holiday sales expectations based on robust foot…
What Going Private Means to Nordstrom Inc.
As expected, the $4 billion proposal by the Nordstrom family and Mexico's Liverpool to take the Seattle-based…
Saks Finalizes $2.7 Billion Deal to Buy the Neiman Marcus Group
The deal creates a luxury retail empire in the U.S. and also raises questions over possible consolidations…
Edward ‘Eddie’ Haddad, Founder of Haddad Brands, Dies at 83
Under Haddad's guidance, the company bearing his name established a clear niche in the childrenswear and…
Nordstrom Inc. to Go Private, Board Approves Deal for Buyout
The Seattle-based retailer revealed that the Nordstrom family and Liverpool will acquire the company shares…
Bergdorf’s Holiday Windows Present a Lavish, Fanciful View of Fifth Avenue
The luxury retailer synchronizes with this year's 200th birthday of Fifth Avenue.
Brazil’s Tania Bulhões Brings Her Namesake Luxury Brand to the U.S.
The growth maneuver comes after a spate of store openings in her native country and the acquisition of a…
JCPenney Operations in Q3 Turn Profitable Despite Sales Decline
The Dallas-based department store targeting working-class American families is working hard to reverse years…
Simon Malls Copresident Reveals Why Foot Traffic Is Increasing
Eric Sadi, copresident of Simon's mall properties, details how the company's shopping centers have increased…