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12:23 PM. 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 store Kohl's on Tuesday reported first-quarter earnings that were much better-than-expected. Meanwhile, J.C. Penney ceo marvin ellison will become CEO of Lowe's after. Macy's fell 4.3% after rising 2% in the premarket.. Likewise, the Trump administration reversal also eases worries of a.

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 – 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.

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.

The department store operator Kohl's (NYSE:KSS) has experienced great struggles. The recent quarter results offered no surprises either.. poor performance, there are still a few opportunities for Kohl's to rise in the long run.. This is a very similar move to that of a competitor J.C Penney (NYSE:JCP).

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Shares of department. The results highlight the troubles retailers are experiencing. Retailers have been shutting down stores and filing for bankruptcy at rates not seen since the financial crisis..

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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 of the year. Penney, which has been trying to turn around its business for several years after a.

The firm is expected to post earnings on the 11th of November, exactly a month from now, and it’s worth having a look at its current share price performance and anticipated results. J.C. Penney and.

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