What To Know Two Nordstrom stores are set to close by the end of this summer. The first is 20 Broadway in Santa Monica, California, which will close by August 26.

Luxury department store chain Nordstrom is closing down two of its stores by the end of the summer. The chain confirmed to USA TODAY that it plans to shutter two locations in August 2025.

PARIS — Despite the slowdown in luxury spending and an overall rocky retail environment, Parisian department stores are bullish about menswear. Printemps recently opened a 2,690-square-foot ...

When Covid shut down brick-and-mortar locations in 2020, revenues at department stores plummeted. Yet many high-end indie retailers experienced their best year ever.

Department store sales tumbled during the pandemic. They bounced back somewhat in 2021 and 2022, but have never returned to pre-pandemic levels.

Nordstrom department stores saw net sales down 4.1 percent even while its more price-sensitive Nordstrom Rack stores had a 1.2 percent increase in the latest quarter ended Nov. 2.

There was a time when stepping into a department store felt like entering a world of affordable luxury. In the 1960s, these spaces weren’t just places to shop — they were experiences, decked ...

DUESSELDORF, Germany, Dec 19 (Reuters) - German retailer and tourism specialist Arcandor said it has at least temporarily abandoned plans to open further luxury department stores in Germany and ...