{"id":1475,"date":"2015-05-15T02:56:28","date_gmt":"2015-05-15T02:56:28","guid":{"rendered":"http:\/\/gccwebsites.com\/startupsales\/?p=1475"},"modified":"2015-05-15T02:56:28","modified_gmt":"2015-05-15T02:56:28","slug":"kohls-macys-and-j-c-penny","status":"publish","type":"post","link":"https:\/\/gccwebsites.com\/startupsales\/kohls-macys-and-j-c-penny\/","title":{"rendered":"Kohl&#8217;s, Macy&#8217;s and J.C. Penny"},"content":{"rendered":"<p>Last week it was reported that Kohl\u2019s<span class=\"company-name-type\"> Corp.<\/span> posted disappointing sales growth in the first quarter, raising concerns that a strategic plan unveiled last year to jump start the struggling retailer was faltering.<\/p>\n<p>The report precipitated a steep sell-off in Kohl\u2019s shares, which suffered their biggest single-day decline ever, erasing some $2 billion in market value. Kohl\u2019s stock finished at $64.62, down $9.89, or 13.3%, on the New York Stock Exchange.<\/p>\n<p>This was a drop mirrored in many large companies over the past reporting periods such as Macy&#8217;s and J.C. Penny- similar department style stores.<\/p>\n<p>This begs the question- what is it about these companies that is failing them in sales? \u00a0Is it they&#8217;re lack of attunement with customers? \u00a0Are these companies so big that they are losing sight of what the individual customer wants and needs from a department store?<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.grouponcdn.com\/coupons\/sv4XL2Uf4qiVoDEdfLyUha\/kohls2-500x500\" alt=\"\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week it was reported that Kohl\u2019s Corp. posted disappointing sales growth in the first quarter, raising concerns that a strategic plan unveiled last year to jump start the struggling retailer was faltering. The report precipitated a steep sell-off in Kohl\u2019s shares, which suffered their biggest single-day decline ever, erasing some $2 billion in market [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1475","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/1475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/comments?post=1475"}],"version-history":[{"count":1,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/1475\/revisions"}],"predecessor-version":[{"id":1476,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/1475\/revisions\/1476"}],"wp:attachment":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/media?parent=1475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/categories?post=1475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/tags?post=1475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}