Department Stores Troubles Increase for Kohl’s and Penney’s — Biz New Orleans Magazine

As Josh Barro wrote for New. stores such as J.C. Penney. But now that Sears is standing at death’s door, Simon is willing to say that out loud. "The mall of the future doesn’t need five, six, three.

Last year was a comeback year for many big department store chains, led by Kohl’s (NYSE: KSS), which posted a solid 1.7% comp sales increase and a 34%.

JCPenney is closing more stores due to declining sales, causing financial experts to wonder if they’ll go out of business. Check whether your local JC Penney store will close in 2019.

Kohl’s department stores in Louisiana are stocked with everything you need for yourself and your home – apparel, shoes & accessories for women, children and men, plus home products like small electrics, bedding, luggage and more.

Sales at big chain stores rose 3.5 percent in the United States last month, led by department stores, which have struggled this fall, according to the International Council of Shopping Centers, a.

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Nordstrom reported a 4 percent decline in same-store. increase in December same-store sales. The store had been reporting comparable-store sales between 4 and 8 percent over the last six months..

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NEW YORK (AP) – The outlook for department stores got murkier Tuesday after J.C. Penney and Kohl’s reported fiscal first quarter results that showed they struggled at the start of the year. Penney, which has been trying to turn around its business for several years after a disastrous reinvention plan, reported a wider than expected loss and.

NEW YORK (AP) – Macy’s raised its annual profit forecast as the department store reported an unexpected increase in. J.C. Penney and Nordstrom are expected to report their second-quarter earnings.

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