Department Store

More than five million people in the United States applied for new business licenses in the transformational year of 2021, and one California mall is doing its part to get a few of them up and running.

Hudson’s Bay Company has made a multi-million bet that the future of in-person work environments lies in flex or coworking spaces.

The war of words between Kohl’s Corp. and activist investor Macellum Advisors continues as the retailer promotes its board.

Designer Brands Inc. plans to double down on sales on its owned brands.

The retail industry had a lot to cheer about in 2021.

Unable to fill a 300,000-sq.-ft. space left vacant by Macy’s, Brookfield Properties has given up its attempt to save Water Tower Place, the first indoor mall built in Chicago.

The slowdown of retail bankruptcy filings that begin in the first half of 2021 is expected to continue.

Consumer spending on services is making a comeback. So are in-store sales.