Insight Report 15 minutes PremiumUS Department Store Insights, 4Q20: Elevated Digital Sales and Strength in Home and Active Categories Coresight Research March 30, 2021 What's InsideCoresight Research’s new 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. In this report, we look at the performance of the three retailers in the fourth quarter of 2020 (4Q20, ended January 30, 2021) and discuss relevant fiscal 2020 highlights. Contents US Department Store Insights 4Q20: In Detail Comparable Sales: Improvements at Kohl’s and Macy’s, Quarter over Quarter, Versus a Deepening Decline at Nordstrom Revenue: Year-over-Year Declines Across the Three Department Stores Digital Sales: High E-Commerce Penetration in 4Q20 but Not a Standout Quarter Sales Growth: Kohl’s Sees the Highest Digital Sales Growth and Lowest Physical Sales Decline, Year over Year Product Categories: Home, Active and Beauty Categories Remain Strong; Apparel Is Struggling Area of Note by Management: New, Younger Customers What We Think This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US and UK Retail Bankruptcies Latest, July 2023CES 2023: Metaverse Highlights—Exploring Key Innovations in Augmented Reality, Artificial Intelligence and Immersive TechnologiesUS Store Tracker Extra, August 2023: Retailers To Open 78 Million Square Feet of New Retail Space This YearUS Retail Loyalty Programs: Decoding Consumer Behavior To Build Lasting Relationships
