The Wall Street Journal
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Macy's, Sears, Kohl's Hammered by Weak Holiday Sales
Posted
January 5, 2017
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January 5, 2017
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4:46Now PlayingMacy's will cut more than 10,000 jobs and close nearly 70 stores after a lackluster holiday shopping season, while Kohl's warned of lower profit targets. WSJ's Suzanne Kapner and Lunch Break's Tanya Rivero discuss how department stores continue to lose ground to online shopping, and which retailers are finding a profitable balance. Photo: AP
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