With retailers moving out of crisis mode, they’re back to investing in new bells and whistles for their stores and websites. Such as: Apps that send coupons to your smartphone or digicams that let you post pictures of a dress y…
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.
Filed Under: Investing, JC Penney, Macy’s, Stock Picks, Retail, Video, Stocks in the News, Market News, Streetwise
The third-quarter earnings season got off to a reasonably positive start for retailers, with department stores hoping colder weather heats up holiday sales, even as shoppers continue to prefer discounts and generally hold back …
Department store operator J.C. Penney (JCP) reported third-quarter earnings of 19 cents per share, compared with 11 cents per share a year earlier.
Net sales rose 0.2% to $4.2 billion, while sales at stores open at least on year gained 1.9%, J.C. Pen…
The idea of the in-store shop has evolved from getting space on the department store’s floor and sharing marketing costs to a more formal relationship where brands lease floor space and create a shopping experience of their own…