Michael Kors Holdings wants to wean itself off of department stores. One of the world’s largest handbag companies, which flooded stores with its ubiquitous $200 to $300 bags, is pulling back on ...

At department stores, Michael Kors said it will stop participating in friends and family sales, and won’t accept coupons anymore. Coach said it will tamp down on the level of markdowns allowed.

Michael Kors said Wednesday that it would close 100 to 125 stores as the luxury retailer's slump deepens. The luxury retail sector's struggles are bludgeoning Michael Kors, which also acknowledged ...

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. CNN values your feedback 1.

Dive Insight: The same-store sales slide at Michael Kors is not good news for the company, but it may be even worse news for Macy’s and other department stores, which Kors, like Coach earlier ...

Department stores are shuttering, hookup apps are on the rise, and gays who like to cruise are turning to face the strange ch-ch-changes. The age-old tradition of LGBTQ+ cruising — hooking up ...

Kohl’s KSS 0.44 % increase; green up pointing triangle named a new chief executive, its third in three years, in hopes that its next leader can reverse the department-store chain’s sales slump.

Department-store discounting is hardly the sole culprit of Kors’s and Coach’s struggle to retain exclusivity. Kors has been adding specialty stores at a breakneck pace, bringing its fleet to ...

Department store chains account for about 30 percent of the total mall square footage in the United States, ... Michael J. de la Merced contributed reporting.

Nordstrom and Michael Kors are on the rocks. The Seattle-based department store is quietly dumping the designer’s handbags in more than half of its 121 full-line stores across the country ...

Saunders’ stats show that department stores have fallen from 14.1% of US retail sales in 1993 to just 9.8% ten years later, to 5.7% in 2013, and to only 2.6% last year.