department stores

Financials
Nordstrom Rack Drives Holiday Sales Gain

Nordstrom has reported a comparable sales increase of 1.3% for the nine weeks ended January 5, 2019, highlighting the strength of its Nordstrom Rack off-price store division during the holidays.

Retail
J.C. Penney Sets Executive Changes

J.C. Penney said it has set a series of leadership actions, taking place over the next few months, that will assemble a cross-functional executive team as the retailer focuses on the needs of the value-based consumer and position the company for growth.

Retail
Kohl’s Donations Support Family Health & Wellness Programs

In the spirit of “Giving Tuesday,” Kohl’s said it will award $3.2 million in grants to more than 300 nonprofit organizations across the country that work to improve the health and wellness of children and families as part of its national giving program, which is an extension of the company’s ongoing commitment to health and wellness.

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