Department Stores

Macy's Inc (NYSE: M), Sears Holdings Corp (NASDAQ: SHLD) and J C Penney Company Inc (NYSE: JCP) will close approximately 300 stores among themselves, which also happens to be the total number of stores off-price retailers plan on opening. According to a CNBC report, TJX Companies Inc (NYSE: TJX...

Troubled department store Macy's Inc (NYSE: M) has a game plan to regain some of the lost traffic and sales from other department stores, off-price retailers and online foes. Macy's president and incoming CEO Jeff Gennette offered a glimpse of what consumers can expect in the future....

Target Corporation (NYSE: TGT) is the latest department store to report disappointing Holiday sales metrics. The company cautioned investors that its 1.3 percent decline in comparable sales during the Holiday season warrants a downward revision to its fourth quarter and full-year outlook....

Shares of Target Corporation (NYSE: TGT) fell more than 4 percent Wednesday after the department store's November and December sales guidance disappointed the Street. Target said its comparable sales during the Holiday season fell 1.3 percent and total sales fell 4.9 percent, although this...

Contrarian investors typically buy poor performing stocks that have become out of favor with investors. Case in point, shares of Macy's Inc (NYSE: M) hit a new 52-week low of $29.70 on Thursday and are now lower by more than 15 percent since the start of 2017 and more than 20 percent over the past...

It may be hard to imagine a world without Amazon.com, Inc. (NASDAQ: AMZN), but the Amazon era is still less than 20 years old. In fact, the Amazon online marketplace launched just 16 years ago, back in 2000. There is no question that the Amazon marketplace has been one of the most successful...

In a note released Monday, Citi said it is turning more bullish on the specialty retail and department store universe following Donald Trump's election victory. The firm's logic? The likelihood of tax reform provides a bump that many of the retailers in its universe needed, as consumers may be...

Matt Boss, JPMorgan's retail analyst, was a guest on CNBC Thursday afternoon to offer his take on the state of the retail market. The analyst quickly pointed out that the retail sector has now lapsed the most worrying week of the year with the U.S. election. "There is no question that some of this...

SPDR S&P Retail (ETF) (NYSE: XRT) is rallying strongly Thursday despite the lackluster showing by the broader market. The catalyst could be the retail earnings that are trickling in. Macy's Muted Showing Department store chain Macy's Inc (NYSE: M) reported Thursday ahead of the open its third-...

For Bank of America Merrill Lynch, Kohl's Corporation (NYSE: KSS) continues to be its top idea within the department store sector, while the firm remains cautious on Nordstrom, Inc. (NYSE: JWN). The Sector Preview Department store retailers are set to announce their quarterly numbers amid...

Shares of J C Penney Company Inc (NYSE: JCP) gained more than 5 percent Wednesday morning as the company's management spoke at the Piper Jaffray Consumer Conference. Here are some of the biggest takeaways from the company's CEO Marvin Ellison's presentation. 1. Memorial Day weekend sales were...

Retailers and department stores continue to suffer from declining traffic and sales. However, U.S.-based retailers appear to be as popular as ever in the global market which provides a unique and compelling venue for growth. CNBC's Diana Olick noted that the U.S. topped all other countries...