Department stores woes reflected in latest batch of results

Meanwhile, Kohl’s reported a 2.5 per cent increase in comparable sales for the latest quarter, citing demand for apparel. The department-store. results failed to reassure investors, who have been.

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Results in the latest quarter reflected a one-time tax benefit of US$504-million. Tuesday it ended discussions with its founding family over taking the U.S. department store operator private after.

The consumer has also been showing strength if the latest batch of retail earnings are anything to go. react positively on Friday to Nordstrom’s strong earnings. The department store reported a.

The outlook for department stores grew murkier Tuesday after J.C. Penney, Kohl’s and Nordstrom reported fiscal first quarter results that reflected their struggles at the start of the year.

The early weakness on Wall Street reflected a negative reaction to the latest batch of earnings news, with Macy’s posting a steep loss after reporting weaker than expected first quarter results..

 · NEW YORK (AP) – The outlook for department stores grew murkier Tuesday after J.C. Penney, Kohl’s and Nordstrom reported fiscal first quarter results that reflected.

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The outlook for department stores grew murkier Tuesday after J.C. Penney, Kohl’s and Nordstrom reported fiscal first quarter results that reflected their struggles at the start of the year. Penney, which has been trying to turn around its business for several years after a disastrous reinvention

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Department Stores Woes Reflected in Latest Batch of Results Department store troubles weigh on J.C. Penney, Kohl’s and Nordstrom 1st-quarter results. By Associated Press , Wire Service Content May.

NEW YORK (AP) – The outlook for department stores grew murkier Tuesday after J.C. Penney, Kohl’s and Nordstrom reported fiscal first quarter results that reflected their struggles at the start.

6 Brands That Are Reviving Malls Across the Country That surely isn’t helping mall owners. Foot traffic at some of the best shopping centers across the country peaked around August of 2018 and has since started to fall, after rebounding for much of.