Hudson’s Bay Company has entered into a deal that will result in the merger of Germany’s two biggest department store chains — Galerie Kaufhof and Karstadt — and help the Canadian retail giant pay down its debt.
The parent company of Saks Fifth Avenue and Lord & Taylor confirmed on Friday that it is in talks regarding a potential joint venture for its European business.
Neiman Marcus Group continues to ramp up its digital transformation with the hiring of an e-commerce executive — and former associate — to head up its luxury banner in Manhattan.
Ratchet, click or beep: which sound occurs when your customers make cashless payments at the point-of-sale (POS)? If you still belong to the ratchet group, a change of card terminals is overdue.
