Department stores troubles rise on Penney’s, Kohl’s results

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.

Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, The results show the department store sector as a whole remains.

Department store troubles weigh on J.C. Penney, Kohl's and. quarter of increases in comparable store sales – or sales in stores open a 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.

Department stores troubles increase for Kohl’s and Penney’s. – 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.. which furnish department stores. J.C. Penney.

Department stores troubles rise on Penney’s, Kohl’s results Department stores troubles rise on Penney’s, Kohl’s results. By admin | May 21, 2019 . Department store troubles weigh on J.C. Penney and Kohl’s 1st-quarter results. Comments are closed.

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

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Macy’s second-quarter results were ugly. The department-store stalwart. and Kohl’s (KSS) are lower, but so are other.

In addition to winning back some sales volume, J.C. Penney boosted its gross margin to 36% as of the second quarter (up from 30.2% in the first half of 2013). Meanwhile, the department store chain has.

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.