Brothers Walter and Frank Sanborn arrived in Mexico City from their home state of California in 1903. They soon called upon ...

The former retail giant will have only a handful of U.S. stores after the apparent impending closure of its two remaining ...

Since 1992, department store sales, excluding discount department stores, have declined 62%, dropping from $82.5 billion to $32.4 billion in 2022, while retail overall has tripled.

As the big department store catalogs went away, smaller, specialty catalogs began flooding America’s mail boxes. There are catalogs for foods many people order, but few people eat.

Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department store industry in decades of decline.

Macy's has received a $5.8 billion offer from an investment group to take the iconic department store chain private, a deal that could have more to do with the retailer's real estate holdings than ...

An investor group has submitted a bid for the famed department store chain Macy’s that would take the retailer private at a value of $5.8 billion, according to a person familiar with the bid ...