Department stores

This includes 750 new apartments and possibly condominiums, at least 645,000 square feet of office space and 278 hotel rooms

About 1,800 corporate roles will be cut in its first major layoff in around a decade

SAKS Global Enterprises is looking to line up a loan of as much as US$1 billion to keep the business running as part of a Chapter 11 bankruptcy filing that could happen in coming weeks, according to p...

SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to peopl...

At least five department store chains in Singapore have downsized in recent years, and two have exited the scene since 2016

The moves come under new chief executive officer Ashley Buchanan, who took over the retailer in January

ALIBABA Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising textiles firm Youngor Fashion and some of Intime’s management for 7.4 billion yuan (S$1.38 b...

The employee-owned retailer returned to annual profit in March after three difficult years

The scheme consideration of S$7.20 per share implies a 37.4 per cent premium over the counter’s highest closing market price in the past five years