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For Companies, Survival Is Not Enough
Original at BusinessWeek
• Fri, Jun 12
Kohl's, for example, has purchased 35 Mervyns stores on the West Coast. Macy's also is targeting former Mervyns customers, according to news reports, as well as former customers of Gottschalks and New York's now-defunct Fortunoff stores. ...
Experts Discuss Retail, Dollar, ECB Moves
Original at BusinessWeek
• Thu, Jun 4
The retailers who did release May sales figures generally disappointed the Street, with big names like Target (TGT), Abercrombie & Fitch (ANF), Costco (COST), Hot Topic (HOTT), Family Dollar Stores (FDO), Dillards (DDS), Nordstrom (JWN), Macy's (M), ...
Analyst Picks and Pans: Kohl's, ITW, Hospital Stocks
Original at BusinessWeek
• Mon, Jun 1
The stores will open in the fall and are expected to open quite strongly," Dunn said. Kohl's has been posting declines in same-store sales, or sales at stores open at least one year. But those declines are less than what competitors like Macy's Inc. ...
Analyst cuts ratings on department stores
Original at BusinessWeek
• Thu, May 28
Exstein kept a "Neutral" rating on JC Penney, Kohl's and Macy's, which earlier this month reported a wider first-quarter loss as it restructured its businesses. Department stores have struggled recently to lure consumers to their stores in the tough ...
Macy's vs. Nordstrom: Class Struggle
Original at BusinessWeek
• Thu, Jul 12
Customers of the Seattle-based high-end chain kept spending in June while shoppers at the mass-market department store cut back.