A wave of good and bad retail earnings reports in recent days highlights one key theme for the industry: Value is winning.
Target, Walmart, T.J. Maxx owner TJX and Nordstrom’s off-price Rack business were bright spots in a tumultuous landscape that’s been beaten down with bankruptcies, store closures and management upheaval.
The results from Macy’s, Kohl’s and J.C Penney were much less merry.. . . more