The retail model is in retreat. But that doesn’t mean it — or its billions in sales — will disappear any time soon.

Macy’s decision to close nearly a third of its stores will spark change in malls and communities across the U.S. Some of those transformations may catch shoppers by surprise. The retailer said in late ...

Big department-store chains from JCPenney to Macy’s are unloading their properties as fast as they can. Dillard’s is buying real estate. The department-store chain this month purchased the Longview ...

Macy’s will close 14 department stores across 12 states this year, according to an internal memo from the company's CEO.