Coresight Bites: US Department Store Insights—E-Commerce Penetration Drops Below Fiscal 2020 Levels

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• 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, revenue, digital sales, product categories and areas of note by management.
• Ahead of the department stores reporting results for the second quarter of fiscal 2021 (2Q21) in the coming weeks, we review metrics on their recoveries up to the end of 1Q21. We also discuss their outlooks for the full fiscal year.

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