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Tag: sluggish

Kohl’s Amazon tie-up was seen as a game changer, sluggish holiday sales suggest not

Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Kohl’s tie-up with Amazon was supposed to be a boon to the department store chain, which is teetering between sales gains and declines. But any benefits from …

Kohl’s Amazon tie-up was seen as a game changer, sluggish holiday sales suggest notRead More

Black Friday sees sluggish start as more US consumers shop online | Business

The frenzy associated with Black Friday shopping was missing this year as US retailers offered earlier discounts and more consumers shopped online, though spot checks around the country showed traffic picked up after a sluggish morning. “It’s slow now because we had a big, big rush last night,” said Target electronics salesman Evan Houser, 22, …

Black Friday sees sluggish start as more US consumers shop online | BusinessRead More

Macy’s blames sluggish sales on weak shopping malls

Macy’s said its stores at weaker U.S. shopping malls were hurt by slower foot traffic during the latest quarter, leading to a steeper-than-expected sales decline. “We’ve been investing in malls where our developers are investing and … we feel really good about that initiative, and those stores continue to outpace the breadth of our fleet,” …

Macy’s blames sluggish sales on weak shopping mallsRead More