Home US Q2 in brief: JC Penney, Nordstrom, Dillard's, Macy's
 

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US Q2 in brief: JC Penney, Nordstrom, Dillard's, Macy's

2015-07-30 18:29:00| Daily apparel & textile news and comment - from just-style.com

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. JC Penney narrowed its net loss, while new strategic initiatives and growth investments helped Nordstrom to book a double-digit profit increase. Kohl's saw its net profit plummet, and Dillard's was "disappointed" with its performance.

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