RECENT NEWS
Reuters  Nov 12  Comment 
Australian shares fell 0.7 percent on Wednesday, dragged down by weakness in blue-chip miners and a tumble in Myer Holdings stocks on weak sales at its department stores.
Reuters  Nov 1  Comment 
German retail giant Metro AG which owns the Kaufhof chain of department stores, on Saturday said it had held exploratory talks about purchasing rival Karstadt, adding it was not...
The Straits Times  Oct 30  Comment 
October 31, 2014 1:08 AM STARHILL Global Reit, which owns department stores here and abroad, yesterday posted a distribution per unit of 1.27 cents for its third quarter ended Sept 30, a 5 per cent increase from a year ago.
Forbes  Oct 28  Comment 
In trading on Tuesday, department stores shares were relative laggards, up on the day by about 0.1%.  Helping drag down the group were shares of Kohls (KSS), down about 7.3% and shares of JC Penney Company (JCP) off about 3.3% on the day.
Reuters  Oct 23  Comment 
Ailing German department stores group Karstadt is aiming to close six facilities, including two stores, sources said on Thursday, as the loss-making chain struggles to...
Benzinga  Oct 22  Comment 
Below are the top department stores stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at The TJX Companies (NYSE: TJX) is 51.50%. TJX's PEG ratio is 1.73. The trailing-twelve-month return on equity at...
Reuters  Oct 20  Comment 
Sovereign wealth fund Qatar Holding LLC has agreed to buy a HK$4.78 billion ($616 million) stake in Lifestyle International Holdings , operator of the SOGO department stores in...
Yahoo  Oct 15  Comment 
Department stores are starting to enjoy a renaissance after finding ways to attract a new generation of consumers in an age of global fashion chains and online shopping. Pioneered in France, Britain and the United States from around the 1840s by...
Bloomberg  Sep 26  Comment 
Finish Line Inc., the mall-based sneaker retailer that frequently operates within Macy’s Inc. department stores, plunged the most in 2 1/2 years after poor demand for basketball shoes hurt sales.
guardian.co.uk  Sep 25  Comment 
All department stores report improved figures on a year ago Shoppers flocked to UK department stores in September driving their strongest sales growth on record, according to the latest snapshot of the retail sector from the CBI. Chains such as...




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Department stores such as Macy's Inc. (M) and Nordstrom (JWN) sell are retailers that sell a large range of items ranging from apparel and sporting goods to paint and furniture. Over the last 3 decades, department stores in the United States have undergone significant consolidation.

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