Luxury department store chain Selfridges has lost more than £400m since it last made a pre-tax profit, it has been revealed.

Nordstrom announced via a New York's Worker Adjustment and Retraining Notification (WARN) notice that its CNY location will be closing up shop on February 1, 2025. The reason provided was the lease ...

NEW YORK, October 29, 2024--70% of US consumers buy luxury goods each year, with an in-store experience preferred ...

Neiman Marcus has quietly removed the word "Christmas" from its annual gift catalog, ending a 98-year tradition for the Dallas-based retailer.

Saudi Arabia’s Public Investment Fund has become a 40% joint owner of the company behind the famed Selfridges department store chain. The PIF will own the company jointly with Thai investor Central ...

While converting old department stores into hotels is a complex process, the potential rewards are significant, both ...

For these high-end shoppers, an in-store experience is preferred, with 57% opting to buy luxury goods from a physical shop.

A long-awaited luxury furniture store with an upscale rooftop restaurant and wine bar opens soon in Raleigh. From the company ...

Founded in 1875 by Arthur Lasenby, Liberty is a designer department store with a keen sense of artistry and expression. Located on the edge of Soho, the store specialises in luxury goods, a signature ...

This includes closing more than a third of stores - leaving just 350 nationwide by 2026 - and focusing more on its luxury ... US 1,100 locations. This included a mix of full-line department ...