Kohl’s, the struggling chain of department stores, said it will permanently close 27 “underperforming” locations in 14 states, including 10 in California alone as the company takes emergency ...

But department stores’ long-term decline will be difficult to reverse. Their sales peaked just before the turn of the century and have been on a downward trajectory ever since, according to U.S ...

In the 2000s, department stores started losing customers to big discounters like Wal-Mart and Target. Walgreens sees the trend as an opportunity to take a bite out of that market.

The company acquired department stores in small towns without access to malls and other apparel retailers. Today, about 60 percent of Stage Stores’ locations are in towns with fewer than 50,000 ...

My InsiderWhen department stores falter, they can erode a brand like Coach's reputation. But the company has announced on Tuesday morning that, come fiscal 2017 — which is the next quarter for ...