Liquidity Fears Prompt Delay in Spring Deliveries at Barneys

While retailers and boutiques prepare to launch new spring collections within their retail spaces, Barneys New York is coming up a bit short as numerous accounts are withholding product until the department store...

US Department Stores Give Away $175m in Free Makeup

Yes, you read that correctly, and no, there's no catch. Department stores in the US are being forced to give away $175 million worth of free makeup, fragrance and beauty products beginning Tuesday January...

Mervyns Retail Chain Going out of Business; Will Liquidate All Stores

Department store chain Mervyns, based in California, had previously filed for bankruptcy protection in July 2008 and has now decided to liquidate assets in all of its 149 stores and terminate the business."The...

'Honest Ed' Mirvish dies at the age of 92

"The businessman known as 'Honest Ed', who entertained Toronto for decades with crazy slogans at his legendary discount department store, has died at the age of 92. A statement from the family says he died early...

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