Sentences with phrase «struggling department stores»

REITs have, however, partnered with struggling department stores in the past to carve out a mutually beneficial survival strategy.

Those that own middling malls in poorer neighborhoods, exposed to struggling department stores and regional retailers, are doing most of the dying.

In the U.S., a strong dollar, the political climate and struggling department stores complicate the 2017 outlook.

J.C. Penney (jcp) CEO Marvin Ellison makes no bones about it: the retailer is going hard after fellow struggling department store chain Sears» (shld) appliance sales.

Struggling department store J.C. Penney on Wednesday said it will close 33 underperforming stores and slash 2,000 jobs, in a measure it says will generate annual savings of approximately $ 65 million.

The struggling department store announced it is closing 33 underperforming locations as it looks to cut costs.

Steven Roth, the chairman and CEO of Vornado Realty Trust, has resigned from J.C. Penney's board, days after the real estate company told investors it planned to sell all of its stake in the struggling department store chain, according to regulatory documents filed Friday.

Steven Roth, the chairman and CEO of Vornado Realty Trust, has resigned from J.C. Penney's board, days after the real estate company told investors it planned to sell all of its stake in the struggling department store chain, according to regulatory...

The agreement, filed with the Securities and Exchange Commission Friday, comes days after Ackman resigned from Penney's board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store.

Ginger is a struggling department store clerk who happens by an orphanage just after someone leaves a baby there; she's mistaken for the mother and through a series of miscommunications with the orphanage and her boss at the store (David Niven), ends up having to take the baby.

Blackstone has acquired J.Crew's debt through its credit subsidiary, which could help the struggling department store to delay bankruptcy, according to Reuters...

The New York Post reports the struggling department store chain might be in for some major layoffs.

Not exact matches

US department stores have struggled to attract shoppers because they've failed to introduce new ideas, the managing director of Harrods says.

Department stores have been struggling with stiff competition from online and off - price retailers.

U.S. department stores have struggled to attract shoppers in recent years because they have failed to introduce new ideas and products, the managing director of Harrods told CNBC Friday.

Retailers are struggling with an industry - wide slowdown in sales that has hit shares of major department store operators.

In this, Michael Kors is not alone: many retailers are struggling to attract consumers to their stores, with department stores being some of the hardest hit.

Sears» department store peers are struggling, but posting far smaller declines.

Their market dominance will only increase as department stores begin to struggle and contract.

Investors recognized the need for change — in May, Macy's posted a 7.4 % drop in first - quarter sales — and the struggles of Macy's and other department stores to win over consumers.

The temptation, then, is to assume that the struggles of Toys R Us, Sports Authority, bankrupt retailers and various department stores are representative of the broader industry.

Woolworths» underlying net profit from continuing operations slipped 3.6 per cent to $ 1.42 billion in 2017 as a recovery in Australian food earnings in the June half failed to counter losses of $ 151 million in the struggling discount department store chain.

«While I appreciate their awareness of the need to include a range of sizes on the floor, I find it interesting as many department stores and chains are struggling financially, NOW is the time they (not only Nordstrom) realize that the 20 - billion - dollar market may be their savior.

Department stores used to be the biggest buyers but they are struggling in a tough consumer climate themselves, so orders are down or they are asking designers to take on more of the risk (i.e. accepting back stuff that doesn't sell, or waiting on payment until stuff sells).

Now even designer fragrances, traditionally top sellers in department stores, are struggling.

Rosa's personal struggle against institutionalized racism reaches its zenith on the night of December 1, 1955, when, bone - weary after a long day's work as a seamstress at a Montgomery department store, she refuses to give up her seat on a bus to a white man — and is promptly arrested.

Posing as an unassuming toy department clerk, she sets out to ensure that this Christmas is memorable and meaningful for all at a struggling family - owned department store in New York City.

When she's not struggling to make small talk with the fast - talking, fast - living Americans at her work in a high - end department store, Ellis passes her time slinking away from the meal time gossip fuelled by the boarding house matriarch Mrs Kehoe (Julie Walters) and her yappy tenants.

Boire — who has only been CEO of the faltering Sears Canada department store chain for 10 months (and the retailer's third boss in just two years), following a nearly three - year stint as chief merchant of the struggling Sears (SHLD) and Kmart chains in the U.S — will have his hands full trying to revive Barnes & Noble's Nook business.

The sale of the Lord & Taylor building comes just four days after Baker said he will take back the reins of the struggling department - store chain.

Like other department store operators, including those in the luxury segment, Neiman Marcus has been struggling against a tide of declining same - store sales and consumers» evolving shopping habits.

Like a lot of its peers, Macy's is struggling to overcome industry changes that have shifted the center of gravity from department stores to desktops and mobile devices, undercutting the former's relevance in the retail landscape.

RetailNext predicts that department stores and larger format retailers will struggle to keep up with the sales gain, and even see sales drop between 3.0 percent and 4.0 percent.

Since its founding in 2011, the New York - based private equity firm has snapped up, financed or invested in struggling retailers such as Staples, the Belk department - store chain and Talbots.

(Bloomberg)-- Nordstrom Inc. is suspending efforts to take the company private after struggling to get financing with favorable terms, another sign that the department - store industry has lost favor with both customers and investors.

A landmark study by Green Street Advisors released earlier this year estimated that one - in - five anchor department stores would have to be shuttered to return many struggling chains to the same levels of productivity they enjoyed 10 years ago.