Sales growth has stalled out at most department stores in the past couple of years. But that's not true at Nordstrom, where revenue continues to grow at a high-single-digit pace. What is Nordstrom's secret to success?
In trading on Friday, department stores shares were relative laggards, down on the day by about 2.2%. Helping drag down the group were shares of Tuesday Morning (TUES), off about 37.9% and shares of Bon-Ton Stores (BONT) off about 5.3% on the day.
TOKYO (dpa-AFX) - Japan's department store sales climbed for the fourth
straight month in July at a faster pace, a report from the Japan Department
Stores Association showed Wednesday.
Department store sales grew 3.4 percent year-over-year...
NEW YORK ( TheStreet) -- Macy's
isn't the only department store retailer under pressure as consumers are shopping more selectively, buying online, or simply foregoing purchases due to a lack of money.
Retail sales at department stores are...
In my opinion, most department stores units cannot successfully be packaged into Real Estate Investment Trusts (REITs). Many store locations have limited lifespans. Plus the retail business is cyclical and subject to any number of outside forces...
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.