As the economy improves, Americans have begun splurging again. But they’re limiting their indulgences to haircuts, casual dining and coffee, while continuing to forego many bigger expenditures, like vacations and dining at expe…
After a holiday season that marked a return to some form of normalcy, merchants are bracing for a year of mild sales growth and more stable operations. Whether that momentum holds is an open question, given the state of the hou…
J.C. Penney (JCP) said it will close some of its department stores, call centers and outlet stores in a bid to cut costs.
The struggling retailer will shut five department stores in locations including Morrow, Ga., and West Dundee, Ill., the company …
Many shoppers who took advantage of the early holiday sales in November held back and forced retailers to cut prices as Christmas neared. Despite increases in luxury spending, the results show that mainstream consumers remain f…
The nation’s three biggest department-store operators have been disproportionately pinched by the downturn in consumer spending. That’s what happens when you’re stuck in the middle of the retail-price spectrum during a period of sagging home values and lofty unemployment. [Video]
Continue reading Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video]
Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video] originally appeared on DailyFinance on Tue, 16 Nov 2010 17:50:00.
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