department stores

Malls are now targeting millionaires

Suburban malls in the middle of America have been hit hard due the financial woes of anchor tenants like Macy's and JCPenney and the slow death spiral at Sears.

Marshalls opens its first online store

Marshalls has more than 1,000 US stores and a healthy business selling a variety of big-name clothing brands for men and women, home goods, accessories and beauty products. The discount retailer has done just fine without an online store, but now is finally launching one.

Kohl's struggles to escape department store woes

Kohl's reinvented itself to adapt to sweeping changes in the retail industry. But the company still can't dodge intense pressures on department stores from online rivals, big box retailers and discount chains.

Lord & Taylor may go up for sale

In another sign of the separation between haves and have-nots in retail, Lord & Taylor's owner said it would consider selling the iconic department store chain.

Sears is leaving Minnesota, closing another door on its history

In the early 1990s, the bold blue letters of a Sears sign were raised above the entrance to one of four anchor stores at the sprawling new Mall of America near Minneapolis. In the heyday of shopping malls, it was evidence of the century-old retailer's enduring success.