One strategy many retail and restaurant chains have been taking lately is closing locations that are not performing well.

From Le Bon Marché in Paris to Macy’s in New York, we delve into the history of the world’s most iconic department stores.

Kohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — ...

Macy’s and Kohl’s are preparing to shut down Bay Area department stores — and slash jobs — an ominous indicator that some ...