|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||38.29 - 39.22|
|52 Week Range||17.41 - 41.33|
|PE Ratio (TTM)||7.40|
|Earnings Date||Aug 15, 2018|
|Forward Dividend & Yield||1.51 (4.15%)|
|1y Target Est||34.85|
This morning, WallStEquities.com has initiated research coverage on J.C. Penney Co. Inc. (NYSE: JCP), Kohl’s Corp. (NYSE: KSS), Macy’s Inc. (NYSE: M), and Sears Holdings Corp. (NASDAQ: SHLD). Companies in the Department Stores space sell a large range of items ranging from apparel and sporting goods to paint and furniture.
Coresight Research had forecast sales could reach at minimum $3.4 billion globally, which would set a new record and surpass Amazon's Cyber Monday sales.
The potential of finding a bargain online during Amazon Prime Day is also creating a marketing boost for Amazon's competitors, including eBay, Walmart, and Best Buy.
Prime Day is growing beyond Amazon, with other retailers making sure to offer promotions either during or ahead of the event typically held in July. Target, eBay, Kohl's and Macy's are a few companies trying to win sales. In its fourth year, the annual shopping event is now drawing the attention of rivals eBay EBAY , Target TGT , Kohl's KSS , Macy's M and more.
The new 25 percent tariffs in place on American jeans by the European Union and a trade war with China could spell trouble for Levi Strauss & Co. and other iconic American brands.
Retailers grabbing share of internet sales and reinventing shopping experiences sent groups of retail stocks to some of the stock market's top industry performances in the first half of the year.
The New York Stock Exchange welcomes Macy’s executives one day before they light up the New York skyline during their 42nd July 4th fireworks show.
Shares of Macy's have risen more than 43 percent year-to-date. Since 1976, Macy's M has been hosting the country's largest Fourth of July fireworks display. This year, Macy's executives and guests will kick off the holiday festivities by ringing the closing bell at the New York Stock Exchange on Tuesday.
Cowen and Co. downgraded Nordstrom's shares as same-store sales at the upscale retailer's brick-and-mortar stores decline and its discount division, Nordstrom Rack, faces pressure.
Hudson's Bay Company posted another weak sales and earnings performance last quarter, but Land & Buildings Investment Management is jumping the gun by criticizing the company's brand-new CEO.
In a market that is spooked by escalating trade war between the United States and China, Macy's (M) has managed to score a decent run in the bourses.
NEW YORK, NY / ACCESSWIRE / June 25, 2018 / J.C. Penney shares slumped on Friday, despite a former executive remarking on the recent Supreme Court ruling to allow states to impose sales tax on online retailers being a good thing. Shares of Macy's also slumped on a "neutral" rating from UBS. J. C. Penney Company, Inc. shares closed down 5.07% on about 25.9 million shares traded on Friday.