Shares of Macy’s, Kohl’s, Dillard’s, and J.C. Penney all plunged last May after department stores posted weak comp sales results across the board in Q1. then department store stocks still have.
Bullish on Target, Walmart and Costco, Cowen sees even more trouble ahead for Kohl’s, Nordstrom, J.C. Penney and Macy. It also coincided with the rise of Amazon. As the century progressed, the.
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. Enter your user name.
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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.