U.S. Markets close in 3 hrs 40 mins

Latest retail results show department stores need more than touch-ups. They need reinvention

Lauren Hirsch

J.C. Penney, Kohl's and Nordstrom are among the retailers that posted disappointing results this week, despite strong earnings at Walmart and Target. Department stores, for the large part, haven't addressed the fundamental weaknesses of their businesses in the same way Target and Walmart have. For department stores, there may be no time left for subtlety.