Macy’s will close 14 department stores across 12 states this year, according to an internal memo from the company's CEO.

Popular mall department stores have begun the year with restructuring plans, hoping to shed underperforming store locations ...

Big department-store chains from JCPenney to Macy’s are unloading their properties as fast as they can. Dillard’s is buying real estate. The department-store chain this month purchased the Longview ...

The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.

Macy’s decision to close nearly a third of its stores will spark change in malls and communities across the U.S. Some of those transformations may catch shoppers by surprise. The retailer said in late ...

Department stores have long been anchors of American retail, but many have struggled to adapt in an era dominated by e-commerce, discount chains, and shifting consumer habits. While no bankruptcy is ...