Retailers reportedly presented a mixed picture of demand in the latest week and kept February forecasts cautious, amid economic and geopolitical uncertainty.
said last week's sales fell short of its forecast, but that it expects February same-store sales to be up 2% to 4%, according to media reports.
said sales were slightly above its forecast last week, and that it expects February same-store sales to be little changed from a year ago, when it reported a 12.5% rise.
Federated Department Stores
estimated that February sales would be down by 4% to 5%, but it didn't divulge sales figures for the latest week.
Wal-Mart shares were down 0.6% at $46.53 in early trading, while Federated shares were down 0.7% at $23.74. J.C. Penney shares were down 1.8% at $18.32.