Department Stores Woes Reflected in Latest Batch of Results

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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.

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Department stores woes reflected in latest batch of results. department stores grew murkier Tuesday after J.C. Penney, Kohl’s and Nordstrom reported fiscal first quarter results that reflected.

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Results topped expectations. Markets were expecting a robust U.S. jobs report and were left wanting, with the U.S. Labor Department’s latest employment report showing the U.S. economy added fewer.

Department stores woes reflected in latest batch of results. FILE -This May 11, 2017 file photo shows a Kohl’s department store, in Doral, Fla. Kohl’s Corp. (KSS) on Tuesday, May 21, 2019.

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