Insight Reports 11 minutes Premium3Q22 US Department Store Insights: Retailers Expect Very Promotional Holiday, Similar to 2019 Coresight Research December 12, 2022 Table of ContentsIntroduction 3Q22 US Department Store Insights: Coresight Research Analysis Comparable Sales: Improvement from 2Q22 at Kohl’s; Strongest Quarter for Nordstrom Total Sales Are Down 4.7% YoY: Nordstrom Most Resilient Year over Year Digital Sales: Combined Penetration Decline Product Categories: Dress Apparel Outperforms; Pandemic Categories Continue to Weaken Areas of Note by Management What We Think What's InsideCoresight 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 This report is for Premium subscribers only. Learn more about subscriptions here.If you are a Premium subscriber, please log in. Other research you may be interested in: