Mathew Delly

Cleveland Research commented on retail department stores sales in notes this week. Despite the firm's optimism on J.C. Penney's (NYSE: JCP) second quarter, Kohl's (NYSE: KSS) is facing near-term headwinds from soft sales. Analyst Matthew Delly reported that Kohl's sales are...

In a report published Monday, Cleveland Research analyst Matthew Delly noted that J.C. Penney (NYSE: JCP) is well-positioned to increase promotional activity. Delly remarked, "J.C. Penney looks positioned to increase the frequency and depth of promotional activity during 1H." The analyst...