How Bad a Time Is It to Be a Bricks-and-Mortar Retailer?

In this Motley Fool Money podcast segment, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross commiserate with the nation's big department stores, which got bludgeoned in the market this week after reporting their second-quarter earnings, with negative comps across the board among Macy's (NYSE: M), Kohl's (NYSE: KSS), and Nordstrom (NYSE: JWN). The worst of the bunch, in terms of market reaction, was J.C. Penney (NYSE: JCP): It's share price fell 30%. The reasons why its performance was off shouldn't have surprised investors -- but they did.

A full transcript follows the video.

Continue reading


Source: Fool.com