Department stores woes reflected in latest batch of results – ET Retail

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It is down 64% since research firm Muddy Waters began challenging its reported financial results earlier this month. changes in the value of the option must be reflected in net income under IFRS.

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 · Department stores woes reflected in latest batch of results By Associated Press New york state published 5:45 PM ET May. 21, 2019 PUBLISHED May 21, 2019 @5:45 PM SHARE

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Department stores woes reflected in latest batch of results More NEW YORK – 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.

Many of course, would argue that any heirloom connection with the Genuardi’s of yesterday has been gone since 2001, when Genuardi’s Family Markets was sold to Safeway Inc. In recent years, each of the.

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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. a strategic.

NEW YORK – 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 disastrous reinvention

Department stores woes reflected in latest batch of results Sales are falling after the retailer shed its furniture and major appliance businesses. Julie Roberts liked this

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After that, three government agencies — the Treasury Department, the Federal Reserve and the Federal. While Citigroup’s recent woes don’t appear to be as severe as the problems that ultimately.

Analysts said a decline in shares of both companies on Thursday reflected those high regulatory hurdles. In 2011 the Justice Department stopped a bid by AT&T Inc, No. 2 in the market, to buy.

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.