Clara covers consumer and retail trends. Department stores have traditionally attracted boomers (individuals aged 60+ today) and never focused much on targeting younger shoppers. Today ...

Can department stores evolve enough to regain relevance? It might take more than the magic of Macy’s. The reason could be encapsulated in one sobering sentence by Macy’s CEO Tony Spring ...

Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department store industry in decades of decline. The gradual demise of ...