Nordstrom

Retailers face a challenging holiday season

As the holiday shopping season unfolds, the retail industry braces for what appears to be a lackluster Christmas.

Spending at Macy’s and other retail stores slows

Plans to cut full-year forecast and increase promotions underway to get rid of excess spring stock at some major department stores.

Many retailers are reducing their return policies

Ever since the invention of retail stores, items being returned has been the biggest strain on profits for retail owners.