Reasons to Read

Coresight Research’s US Department Store Insights quarterly series covers the recent performance of Kohl’s, Macy’s and Nordstrom, highlighting trends in comparable sales, total sales, digital sales, product categories and areas of note by management.

We compare the three major department stores’ performance in the third quarter of fiscal 2022 (3Q22), ended October 29, 2022, on a year-over-year basis to 3Q21 as well as comparing to 3Q19 to assess performance against pre-pandemic levels.

Data in this report are:

• Comparable sales at Kohl’s, Macy’s and Nordstrom
• Third-quarter sales comparatives and growth rates at Kohl’s, Macy’s and Nordstrom
• Digital sales as a percent of total sales at Kohl’s, Macy’s and Nordstrom, 3Q21–3Q22

Companies mentioned in this report are: Kohl’s, Macy’s, Nordstrom, Sephora

Other relevant research:

• Our previous US Department Store Insights report (2Q22)
• Kohl’s Investor Day 2022: Sephora, Active, Digital and 100 Small-Format Stores To Drive Growth
• Head-to-Head in US Department Store Retailing: Kohl’s vs. Macy’s