Tagged: Dilliard’s

Macy’s stock tanks amid department store woes

Shares of Nordstrom, Kohl’s, Dilliard’s, and J.C. Penney tanked on Wednesday after Macy’s lowered its profit outlook in an earnings miss that was indicative of challenges within the broader department store and retail sector, reports CNBC. (https://www.cnbc.com/2019/08/14/department-store-stocks-fall-on-the-heels-of-macys-dismal-earnings.html) Macy’s stock sank more than 17...