department stores

Sears Is Running Out of Options Fast

The credit rating of the parent company of Sears and Kmart is at the bottom, Fitch Ratings says, and the retailer doesn't have an easy way out.

Target Founder Douglas Dayton Dies

Douglas Dayton, who led the transformation of a family department store into retailing giant Target Corp., has died at the age of 88.

What JCP's CEO Has to Say About Falling Sales and Rising Cynics

Nearly a year after taking over as CEO of J.C. Penney, Ron Johnson seems all too aware that his image as a retailing miracle worker has been seriously tarnished. But he's not worried about the backward thinking naysayers -- and he's still determined to prove the skeptics wrong.