In trading on Thursday, department stores shares were relative laggards, down on the day by about 2%. Helping drag down the group were shares of Kohl's Corporation (KSS), off about 19.6% and shares of Fred's (FRED) down about 12.8% on the day.
In trading on Friday, precious metals shares were relative leaders, down on the day by about 1.2%. Leading the group were shares of Harmony Gold Mining (HMY), up about 6.4% and shares of Great Panther Silver (GPL) up about 5.7% on the day.
Lifestyle stores pulled Donald Trump’s merchandise, which generate a large chunk of his wealth, after he called for a ban on Muslims entering the US
US presidential candidate Donald Trump’s anti-Muslim comments cost him business in the Middle...
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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.