The holiday season wasn't merry for Macy's (M) and Kohl's (KSS) , which both reported a 2.1% year-over-year decline in same-store sales in November and December. "The disappointing sales that we saw is a function of the consumer looking for price as well as convenience, both of which department stores don't seem to be delivering," said Christina Boni, a sr. analyst at Moody's. According to Boni, Macy's and Kohl's faced competition from retailers like TJX Companies (TJX) and Burlington Stores (BURL) , along with online behemoth Amazon (AMZN) .
More from Video
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.