Department Stores

Today's corporate America is dominated by service companies, tech firms, and huge retailers which have thousands of locations and hundreds of thousands of workers. At the end of the decade following WWII, corporate America looked very different from it does now. Fifty five years ago, most of the...

With online sales gaining faster traction than traditional sales, Macy's Inc. (M), one of the leading department store retailers in the United States, felt the need to extend its warehouse center near Portland in Robertson County, Tennessee, to better serve the increasing online orders.   Online...

For Immediate Release Chicago, IL – September 16, 2010 – Zacks Equity Research highlights: Arrow Electronics Inc. (ARW) as the Bull of the Day and J.C. Penney (JCP) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Garmin (GRMN), Google (GOOG) and Apple (AAPL). Full...

The recent rally in stocks came to a halt on Tuesday as mixed economic data failed to lift investors' sentiments. The blue-chip Dow industrials and the broader Standard & Poor's 500-stock index dropped for the first time in five days even as the Commerce Department noted retail sales rose at...

We believe that J.C. Penney (JCP) stock will remain under pressure in the near term. Despite the introduction of new product lines, sales performance has not been impressive. J. C. Penney hinted that the discontinuation of the publishing of Big Book catalogs in November 2009 has been adversely...

Below are the top departmental store stocks on the NYSE and the NASDAQ in terms of dividend yield. JC Penney Company Inc (NYSE: JCP) has a dividend yield of 3.60%. JCP's shares closed at $23.99 yesterday. The TJX Companies Inc (NYSE: TJX) has a dividend yield of 1.50%. TJX's shares closed at $42.22...

The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...

The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...

The economic recovery post-downturn still remains fragile and requires a boost from a sustained and significant improvement in jobs creation and income growth. A turnaround in the jobs and income scenario will finally outweigh other drags such as tighter credit. On September 15, 2009, the Federal...

J.C. Penney (NYSE: JCP) is introducing exclusive brands by Liz Claiborne (LIZ: NYSE), ALDO, and Sephora as well as improvement in home to help drive traffic in 2H2010 says Citigroup analysts. The store has seen over YoY increase in mall traffic, transactions, and units per transaction in 2Q2010...

Piper Jaffray has some thoughts on the apparel sector, including J.C. Penney (NYSE: JCP). In the research note, Piper Jaffray says, "Our proprietary pricing analysis points to a -0.7% decline during the first three weeks of September, marking the eighth consecutive month of declines. July CPI data...

Shares of luxury department store Nordstrom, Inc. (NYSE: JWN) just started surging a few minutes ago, as traders might be looking for strong earnings from the company. Shares of Nordstrom are now up $1.10 to $34.37 on almost 900,000 shares this morning. Nordstrom, Inc., a fashion specialty retailer...

Retail Ventures, Inc. (NYSE: RVI) today announced its consolidated financial results for the second quarter ended July 31, 2010. The income from continuing operations for the quarter ended July 31, 2010 was $35.6 million on net sales of $415.1 million, compared to loss from continuing operations of...

Macy's Inc. (M) posted better-than-expected sales results for the four-week period ended August 28, 2010, on the heels of strong back-to-school business, driven by robust performances across Material Girl, Madonna's new apparel line, and American Rag, the private brand. The company's comparable-...

Shares of Kohl’s Corp. (NYSE: KSS) are lower on the session by 0.47%, currently trading at $48.83. The stock has been moving largely lower over the past six months, off from recent highs near $59.00. The stock saw a ‘V’ shaped bottom on higher than normal volume August 12th-13th; a break below $47....