View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Department store decline

Department store decline

Times are tough for US department stores, with Macy's, Saks Inc, Nordstrom, TJX, Kohl's and JC Penney all posting tumbling annual profits this week. And with a prolonged recessionary period predicted in the US, most department stores are bracing themselves for more of the same too, as Joe Ayling reports.

US: Target Q4 profit drops 41%

US discount retailer Target Corp posted a 41% drop in fourth-quarter net income today (24 February) as the company struggled…

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Style