Check Out Line: This week in retail wasn’t pretty

[calm_girl]

Check Out Line: This week in retail wasn't pretty
      

Check out a stream of extremely sobering news from – and for – retailers.
This week, quarterly reports came in from Macy’s, Kohl’s, Nordstrom, JC Penney, Charlotte Russe, and Abercrombie & Fitch.
What did they all have in common? All reported profit drops and in the case of Macy’s and Charlotte Russe, quarterly losses.
Those dreary results followed a bankruptcy filing by Circuit City at the start [...]
         

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