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...“Prices have just become so unrealistic,” echoed Jessica Prenda, 25, a tech consultant from Brooklyn who was shopping at the Macy’s flagship store....
...That bifurcation is evident as “luxury, in general, is doing really well”, said Jessica Ramírez, senior research analyst at Jane Hali & Associates....
...The energy sector was leading the benchmark index as oil prices staged a rebound, with consumer discretionary close behind after a solid round of results from retailers including Kohl’s and TJX, the parent...
...Kohl’s shares, which have risen 11 per cent so far this year, were down 0.45 per cent in after-hours trading....
...Kohl’s was down almost 6 per cent, Nordstrom shed 5.5 per cent and JC Penney shares fell more than 8 per cent. Before the retreat, Macy’s shares had risen 66 per cent for the year to date....
...Kohl’s was among the biggest decliners, falling more than 5 per cent after its latest quarterly update left investors underwhelmed....
...In midday trading: •Macy’s up 3.9 per cent •Kohl’s up 2.16 per cent •Target up 1.8 per cent •Walmart up 1.7 per cent •Tiffany up 1.3 per cent •Best Buy up 1.4 per cent •Nordstrom up 0.95 per cent...
...Department-store chain Kohl’s was almost 6 per cent lower after reporting slightly lower-than-expected profits....
...Macy’s fell 7.7 per cent to $19.69 while Kohl’s shed 4.6 per cent to $42.58. Sear’s lost 5.1 per cent to $5.75 and Nordstrom dropped 3 per cent to $40.97....
...A number of chief financial officers from well-known names in US retail have also left their jobs in recent months, including department stores Neiman Marcus, Kohl’s, Nordstrom and JC Penney, as well as...
...The results come after a grim day of earnings for fellow big US department-store chains Macy’s, Kohl’s and Dillard’s....
...There have been a string of high-level executive departures from major US retailers in recent months — with Neiman Marcus, Kohl’s, Coach, Nordstrom and Under Armour among those who have sought new finance...
...JC Penney is down 4.6 per cent, Sears is off 2.2 per cent; Kohl’s has fallen 6 per cent, Nordstrom declined 4.2 per cent and Dillard’s is nearly 5 per cent lower on the day....
...The declines come as shares of Macy’s, Kohl’s and Dillard’s remain in a free-fall after reporting another quarter of steep declines in comparable sales, a key industry metric....
...Yesterday, rivals Macy’s, Kohl’s, Dillard’s and Nordstrom also missed expectations on this key sales metric, prompting a sell-off that has spread to companies across the sector amid rising concerns about...
...That trend had largely reversed by Friday afternoon, following the Axios report, with the following stocks sitting near the top of the S&P 500′s gainers: Nordstrom’s was up 6.4 per cent Kohl’s up 5 per...
...Best Buy each fell 3 per cent, Wal-Mart was off 0.5 per cent, Target declined 1.4 per cent, Kohl’s was down 2 per cent and Nike dropped 1.46 per cent....
...Yesterday, department stores Macy’s and Kohl’s both reported weak holiday sales, sending their shares down as they cut their 2016 profit forecasts....
...However, some — including Macy’s and Kohl’s — have started to stabilise as they adjust to the changing brick-and-mortar retail environment....
...“All of Wes’s characters have an air of uncomplicated charm and style,” says Jessica Ross, Spoke Art’s assistant director, of Margot’s essential cool....
...Women of 2012 Lena Dunham Jessica Ennis Gu Kailai The Windsor women Rebekah Brooks Doreen Lawrence Yekaterina Samutsevich Aung San Suu Kyi Malala Yousafzai...
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