Former Saks CEO Steve Sadove reflects on what can fix department store sales.
Macy's on Tuesday lifted the lid on its new off-price business, its latest bid to reach a new set of shoppers.
Some stores are making it easier to return or exchange gifts by offering longer return periods, and there are even apps to do it.
If a dud gift isn't bad enough, some stores make it difficult to return an unwanted present—especially if you don't have a gift receipt.
Don't be so quick to turn down that store credit card offer. Some can offer more valuable rewards than the best cash-back cards.
Still figuring out your Black Friday battle plan? This road map of store openings can help.
The root of the disconnect in retail lies in the fact that it's one set of consumers who are reaping most of the benefits.
Tuxedo rental may be a very old idea, but it took two very bright Harvard MBAs to reinvent it for runway labels.
As airlines make free award tickets more expensive, fliers must get creative to earn enough miles for redemption.
Former Saks chairman & CEO Steve Sadove, discusses the pressure on the retail sector and the confidence of the consumer.
"You feel a sense of momentum in the company right now," says Steve Sadove former Saks CEO and current JC Penney board member, providing insight into JC Penney's turnaround plan. Sadove also weighs in on the deal between Men's Wearhouse and Jos. A. Bank.
CNBC asked pro athletes, coaches and team owners for their financial advice for Sochi Olympians. Here are their top tips.
One of the biggest issues in the integration of online shopping and the physical store is identifying where to assign sales credit.
The recent data breaches have repercussions for the retail industry as a whole, Saks President Marigay McKee said Monday.
Web sales are up—along with returns. Here are some of the toughest and the most lenient return policies for gifts bought online.
The 11th-hour moves include a barrage of emails broadcasting drastic promotions, including half-off discounts on all merchandise.
Clothing retailers are adding more in-store bars, encouraging shoppers to mix Happy Hour and holiday errands.
Fragrance sales are basically flat on the year, and experts predict they will continue their holding pattern during the holiday shopping season.
Many factors could affect whether shoppers open their wallets this holiday season. But one thing is clear: The pressure is on.
Macy's was the first big retailer to report, and its results this morning were certainly encouraging.