HARTFORD, CT (WFSB) - Long before women held positions of corporate leadership, Beatrice Fox Auerbach ran what was once the largest privately owned department store in the country — G. Fox and Company ...

Nagoya, Feb. 28 (Jiji Press)--The main store of Meitetsu Department Store Co., a landmark at Nagoya Station in central Japan for over 71 years, closed permanently on Saturday. The closure is part of a ...

PENNSYLVANIA (WHTM) — Saks Global, which is the parent company for the luxury department store Saks Fifth Avenue, has filed for Chapter 11 bankruptcy, resulting in the upcoming closure of two ...

Luxury retailer Saks Fifth Avenue announced it will close its Biltmore Fashion Park location, laying off 67 employees. Saks' parent company filed for Chapter 11 bankruptcy in early January, less than ...

The parent of Saks Fifth Avenue and Neiman Marcus plans to close nine department stores as part of an initial review in the luxury retailer’s chapter 11 restructuring proceedings. Eight Saks Fifth ...

When Saks Global filed for Chapter 11 bankruptcy protection in January, it raised uncomfortable questions about the viability of the American department store. Can a retail model built on volume and ...

Saks Fifth Avenue’s bankruptcy filing has revived debates about how these once celebrated shopping emporiums can regain their luster. The New York Visitors Information Bureau had a counter at ...

Economic challenges force a department store e-commerce platform to liquidate. The department store e-commerce platform could not secure a going-concern buyer for its assets. Department store chains ...

The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, just over a year ...

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years. By Kim Bhasin Vanessa Friedman and Lauren Hirsch Saks Global, the company ...

A national department store chain is closing more locations. Macy’s is in the process of closing 14 stores this year as part of a downsizing plan first announced two years ago, Retaildive.com reported ...

The store is named for Joseph Lowthian Hudson, who ran a men's clothing store with his father in Ionia until the Panic of 1873 struck and he went bankrupt. Hudson moved to Detroit and the store many ...