department stores
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Retail earnings begin this week. ‘It’s getting worse,’ an analyst says.
Considering three years of economic upheaval that have driven up prices and consumer resentment, consumer spending could be worse. When…
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Target, Macy’s and Best Buy see consumers cut back, search for discounts | CNN Business
New York CNN — Big retailers say consumer demand is starting to buckle from the strain of inflation and customers…
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Nordstrom Report Hints at Weaker Spending by Wealthy Shoppers
Nordstrom’s holiday season sales were softer than prepandemic levels, the company said. Craig Barritt/Getty Images for Nordstrom If Nordstrom’s latest…
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JCPenney was once a shopping giant. Can it make a comeback? | CNN Business
New York CNN Business — Marc Rosen didn’t flinch when he was offered the top job at JCPenney last year.…
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Kohl’s CEO leaves for Levi’s | CNN Business
New York CNN Business — In a surprise executive shuffle, Kohl’s chief executive Michelle Gass will leave the department store…
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How TJ Maxx and Ross offer such deep discounts | CNN Business
New York CNN Business — It’s a great time to be a closeout store like TJ Maxx. Traditional brands and…
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