Reasons to Read

Discover how US department stores are performing in the current environment of shifting economic conditions, Iran conflict and inflation pressures.

Read this report to discover answer to these questions:

• Understand how department stores are stabilizing selectively in 2026 through execution-led strategies.
• Learn which retailers are outperforming and why, including Macy’s, Dillard’s and Nordstrom.
• Examine store rationalization, digital and AI adoption, and category trends shaping department store performance.
• Explore how off-price retailers, luxury segments, and omnichannel integration are influencing market dynamics.
• Discover actionable insights for strategy, portfolio management, and growth in the department store sector.

Companies mentioned in the report: Macy’s, Nordstrom, Kohl’s, Dillard’s, JCPenney, Belk, Saks Fifth Avenue, Neiman Marcus, Exemplar Luxury Group

Data in this research report include: Department store revenue and productivity, store footprint and closures, sales per store and per sq. ft., category breakdowns, consumer survey trends, digital adoption, and competitive landscape analysis.

• This report is a part of our 2026 series of Market Navigator reports, which provide deep dives on major retail sectors and on US retail overall. Click here to see more Market Navigators and check back as we publish more.

Other relevant research:  

• Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys.