NPR: department stores https://www.npr.org/templates/story/story.php?storyId=521144212 department stores en Copyright 2024 NPR - For Personal Use Only Story API Shim 1.2.24 Fri, 13 Jun 2025 18:38:52 -0400 https://media.npr.org/images/podcasts/primary/npr_generic_image_300.jpg?s=200 NPR: department stores https://www.npr.org/tags/521144212/department-stores Harrods, iconic department store, latest British retailer hit by cyberattack Harrods is the latest U.K.retailer to be hit by cyberattack, raising concerns over the vulnerability of high-end businesses to online security breaches. Thu, 01 May 2025 15:22:26 -0400 https://www.npr.org/2025/05/01/nx-s1-5383911/harrods-department-store-cyberattack https://www.npr.org/2025/05/01/nx-s1-5383911/harrods-department-store-cyberattack

Harrods is the latest U.K.retailer to be hit by cyberattack, raising concerns over the vulnerability of high-end businesses to online security breaches.

(Image credit: Joel Ryan)

]]> Rebecca Rosman Luxury department store Saks buys Neiman Marcus, and Amazon gets a stake The two high-end department stores hope together they would wield more power to counter luxury brands, which increasingly flex their muscles over retailers. Thu, 04 Jul 2024 14:30:34 -0400 https://www.npr.org/2024/07/04/nx-s1-5028550/saks-buys-neiman-marcus-amazon-luxury-department-stores https://www.npr.org/2024/07/04/nx-s1-5028550/saks-buys-neiman-marcus-amazon-luxury-department-stores

The two high-end department stores hope together they would wield more power to counter luxury brands, which increasingly flex their muscles over retailers.

(Image credit: Lynne Sladky)

]]> Alina Selyukh Why Macy's is closing 150 department stores The new CEO is culling "underproductive" locations, while opening more upscale Bloomingdale's and Bluemercury stores. Here's what's happening with the chain. Tue, 27 Feb 2024 13:23:42 -0500 https://www.npr.org/2024/02/27/1234165819/macys-stores-closing https://www.npr.org/2024/02/27/1234165819/macys-stores-closing The new CEO is culling "underproductive" locations, while opening more upscale Bloomingdale's and Bluemercury stores. Here's what's happening with the chain.

]]> Alina Selyukh J.C. Penney Files For Bankruptcy As Lockdowns Take Their Toll J.C. Penney began 2020 with hopes of yet another turnaround. Instead, the coronavirus shutdowns across the country have forced the department store and mall mainstay into bankruptcy. Fri, 15 May 2020 19:01:00 -0400 https://www.npr.org/sections/coronavirus-live-updates/2020/05/15/854108759/j-c-penney-files-for-bankruptcy-as-lockdowns-take-their-toll https://www.npr.org/sections/coronavirus-live-updates/2020/05/15/854108759/j-c-penney-files-for-bankruptcy-as-lockdowns-take-their-toll

J.C. Penney began 2020 with hopes of yet another turnaround. Instead, the coronavirus shutdowns across the country have forced the department store and mall mainstay into bankruptcy.

(Image credit: Andrew Caballero-Reynolds)

]]> Alina Selyukh Neiman Marcus Bankruptcy Is 1st By A Department Store During Coronavirus Crisis The luxury chain known for its extravagant Christmas Book catalog had been losing money before the pandemic. The move follows J.Crew's bankruptcy filing on Monday, foreboding potentially more to come. Thu, 07 May 2020 09:43:52 -0400 https://www.npr.org/sections/coronavirus-live-updates/2020/05/07/852012174/neiman-marcus-bankruptcy-is-1st-by-a-department-store-during-coronavirus-crisis https://www.npr.org/sections/coronavirus-live-updates/2020/05/07/852012174/neiman-marcus-bankruptcy-is-1st-by-a-department-store-during-coronavirus-crisis The luxury chain known for its extravagant Christmas Book catalog had been losing money before the pandemic. The move follows J.Crew's bankruptcy filing on Monday, foreboding potentially more to come.

]]> Alina Selyukh Macy's Closing 125 Stores, Cutting 2,000 Jobs As Mall Stores Struggle The cuts and closures are part of the Macy's attempt to stabilize its finances and rethink its future. It's also trying out smaller stores outside of malls. Wed, 05 Feb 2020 14:28:52 -0500 https://www.npr.org/2020/02/05/803016213/macys-closing-125-stores-cutting-2-000-jobs-as-mall-stores-struggle https://www.npr.org/2020/02/05/803016213/macys-closing-125-stores-cutting-2-000-jobs-as-mall-stores-struggle The cuts and closures are part of the Macy's attempt to stabilize its finances and rethink its future. It's also trying out smaller stores outside of malls.

]]> Jordan Pascale Sears, Kmart And Macy's Will Close More Stores in 2018 2017 was bleak for retailers and 2018 is not starting off any better. Several major department stores, still hurting from declining sales, plan closures in locations nationwide. Fri, 05 Jan 2018 15:47:00 -0500 https://www.npr.org/sections/thetwo-way/2018/01/05/575932533/sears-kmart-and-macys-will-close-more-stores-in-2018 https://www.npr.org/sections/thetwo-way/2018/01/05/575932533/sears-kmart-and-macys-will-close-more-stores-in-2018

2017 was bleak for retailers and 2018 is not starting off any better. Several major department stores, still hurting from declining sales, plan closures in locations nationwide.

(Image credit: Scott Olson)

]]> Vanessa Romo Can Sears Survive? Maybe Not, Company Admits In Financial Filings Shares of the company's stock tumbled 12 percent today after the company acknowledged Tuesday that its future viability is not a sure thing. The company lost $2 billion last year. Wed, 22 Mar 2017 17:41:00 -0400 https://www.npr.org/sections/thetwo-way/2017/03/22/521143468/can-sears-survive-maybe-not-company-admits-in-financial-filings https://www.npr.org/sections/thetwo-way/2017/03/22/521143468/can-sears-survive-maybe-not-company-admits-in-financial-filings Shares of the company's stock tumbled 12 percent today after the company acknowledged Tuesday that its future viability is not a sure thing. The company lost $2 billion last year.

]]> Laurel Wamsley