Do Any Department-Store Chains Really Need 1,000 Stores Anymore?
The days of the local family-owned department store are long gone. Today, a few family controlled department-store chains remain (such as Dillard's and Boscov's), but the vast majority of the moderate-priced department-store segment is controlled by four giant corporations: Macy's (NYSE: M), Kohl's (NYSE: KSS), J.C. Penney (NYSE: JCP), and Sears Holdings (NASDAQ: SHLD).
Of those four, Kohl's and J.C. Penney both have more than 1,000 locations. Macy's and Sears also have broad store footprints, with more than 600 stores each.
J.C. Penney has more than 1,000 locations today. Image source: J.C. Penney.
Source: Fool.com
Kohl's Corp. Aktie
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