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

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.

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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 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. Enter your user name.

Struggling department store chain. seems to have benefited J.C. Penney’s top line results for the period. Lifts all boats J.C. Penney just released its November and December sales numbers, and they.

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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.

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.

(Reuters) – J.C. Penney. rise 3.6 percent to $656 billion, mainly due to a rise in online shopping. Amazon last week called its 2016 holiday season its best ever. Some investors in the department.

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.

But more and more department stores that are mall stalwarts, companies like Macy’s, JCPenney (JCP), Sears (SHLD) and Kohl’s (KSS), are losing customers. China’s Alibaba just reported strong results.

Department Stores Woes Reflected in Latest Batch of Results Department store troubles weigh on J.C. Penney, Kohl’s and Nordstrom 1st-quarter results.

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Kohl’s adjusted profits were down as well as the company struggles to attract customers to its stores. J.C. Penney’s inventory issues are company-specific, but the broader problem of weak customer.

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