Department stores troubles rise on Penney’s, Kohl’s results

(Reuters) – J.C. Penney. rise 3.6 percent to $656 billion, mainly due to a rise in online shopping. Amazon last week called its 2016 holiday season its best ever. Some investors in the department.

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May retail sales rise. department store retail sales has been very correlated to the monthly retail sales data. Additionally, the retailers highlighted within the article have witnessed strong.

The outlook for department stores got murkier Tuesday after J.C. Penney and Kohl's reported fiscal first quarter results that showed they.

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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.

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.

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In addition to winning back some sales volume, J.C. Penney boosted its gross margin to 36% as of the second quarter (up from 30.2% in the first half of 2013). Meanwhile, the department store chain has.

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Department stores troubles rise on Penney’s, Kohl’s results Tuesday, May 21, 2019 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 sales declines during the quarter.

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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.

Nordstrom, Kohl's and J.C. Penney all reported downbeat earnings for the first. marketing misfires hurt results further, though many of the segment's problems. to down 2% from its previous estimate of a 1% to 2% increase.

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.

NEW YORK – 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.