A cap on credit card fees would hurt department stores most

Apr 29, 2024
Charge cards have become an important piece of the bottom line for department stores, including Nordstrom, Macy’s and Kohl’s.
It's often easier to get approved for a store card than a bank-issued card, but interest rates are higher.
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Department stores like Macy's rely on an old shopping model. Can they change?

Feb 27, 2024
In the age of globalism and online shopping, the department store’s strength — as a place for everything — has became its weakness.
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What happened to the "magic of Macy's"?

Dec 11, 2023
Investors are reportedly offering less than $6 billion to buy the once-iconic department store chain.
Macy's hasn't kept up with consumer shopping preferences, analysts say.
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A 118-year-old department store perseveres in a tenuous economy

Feb 17, 2023
How a department store more than a century old has survived two pandemics, the Great Depression, and multiple recessions.
Dunham's Department Store in Wellsboro, PA. Ann Dunham Rawson, whose great-grandparents opened Dunham's, said the store is doing well despite wider economic anxiety.
Courtesy Ann Dunham Rawson

For public good, not for profit.

Department stores rebound, but have a long way to go

Aug 20, 2021
This week, we saw positive quarterly earnings from Macy’s and Kohl's, and news that Amazon plans to open what are essentially department stores.
Customers enter a Kohl's store on Aug. 21, 2018 in San Rafael, California.
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Did department stores train people to be difficult customers?

Aug 13, 2021
Amanda Mull, a staff writer at The Atlantic, argues that department stores had a hand in building class consciousness.
Customers shop at Macys department store in New York on Black Friday, Nov. 27, 2020.
Kena Betancur/AFP via Getty Images

Are malls and department stores really springing back to life?

May 24, 2021
Retailers realize the pandemic has also shifted a lot of shopping online.
Retailers like Macy's and T.J. Maxx reported significantly higher sales this first quarter relative to 2020.
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