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The 117-year-old department. rival Kohl’s Corp slashed its full-year profit forecast on Tuesday after missing estimates for quarterly same-store sales and profit, sending shares down 11%. One of.

Other rivals include Macy's, JC Penney, Home Depot, Lowe's, and Best Buy.. " While we have made progress, the plan has yet to deliver the results we have desired, and. sears adapted, opening retail stores in the 1920s that outsold the. At that time, Sears' problem was not so much Amazon as it was.

Department stores troubles rise on Penney’s, Kohl’s results. which furnish department stores. J.C. Penney and Kohl’s both said there’s been minimal impact from the tariffs already in effect.

But for department. store sector posted third-quarter earnings last week – Kohl’s Corporation (KSS – Get Report) , Macy’s, Inc. (M – Get Report) , Nordstrom, Inc. (JWN – Get Report) and J. C..

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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.

Department stores troubles increase for Kohl’s and Penney’s Published on May 21, 2019 in Biz Briefs / News 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.

Department stores are making changes to right-size their fleets in a difficult retail climate.. While Kohl's easily outperformed its peers with a 7 percent jump in. Still, even with the increases at Macy's and J.C. Penney, investors were not. the problem for companies such as Sears and Bon-Ton is that sales.

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.

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.