Remove ATS Remove Operating Expenses Remove Returns Remove Store Operations
article thumbnail

Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

The initial stock-up period at the beginning of the pandemic tapered off in April as customers sheltered in place. Nordstrom, like many other department stores, had a much weaker quarter: overall sales fell 40% , with full-price locations dropping 36% and the off-price division declining 45%. Costco posted a 7.3%

article thumbnail

Ancora Holdings Calls for New Kohl’s CEO and Chairperson Following Rejected Acquisition Offers

Retail TouchPoints

The offers had valued Kohl’s at $65 and $60 per share, respectively, well above the current share price of $27.50. Gass has been a C-level leader at Kohl’s since 2013 — and TSR is negative over that period as well. Ancora is one of several activist investors that has been pushing for change at Kohl’s. The fact is that Ms.