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US Department Store Insights: Assessing Recoveries and Outlooks

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Coresight Research

What's Inside

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.

Contents (Click to navigate)

US Department Store Insights

US Department Store Insights: In Detail

Comparable Sales: Positive Growth as Store Traffic Trends Improve

Revenue: Positive Year-over-Year Growth but Down Versus 1Q19; Fast Recovery by Kohl’s

Digital Sales: E-Commerce Penetration Drops Below Fiscal 2020 Levels

Product Categories: Apparel Trends Up; Home and Active Remain Strong

Areas of Note by Management

Outlook for Fiscal 2021

What We Think

 

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