Thursday, July 25, 2019

JC Penney is fading. Nordstrom is struggling. Walmart is thriving. That sums up what’s happening in retail.

Retail earnings overall this quarter aren’t looking good when compared with a year ago. A drop is being forecast for the industry.

And department store chains in particular are still struggling to grow sales, whereas Walmart and Target have found pockets of growth in grocery, through their e-commerce businesses and with their in-house brands.. . . more

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