Department stores fell sharply before the opening bell, Thursday, Jan. 10, 2019, with bellwether Macy's down nearly 19 percent after posting worse-than-expected sales in the period leading up to the holiday. ( Bebeto Matthews / AP )Department stores fell sharply before the opening bell, with bellwether Macy’s down nearly 19 per cent after posting worse-than-expected sales in the period leading up to the holiday. The Cincinnati company also cut its full-year earnings and sales forecasts after saying that same-store sales rose about 1 per cent during November-December. Article Continued BelowShares of Kohl’s plunged as well after reporting holiday sales fell sharply from a year earlier. And it said online sales continued to grow, up more than 19 per cent from a year ago.

Source: thestar January 10, 2019 18:33 UTC