By and and  on May 16, 2008

The evidence just keeps building that consumers have slammed their wallets shut when it comes to buying apparel.

A trio of major department stores — J.C. Penney Co. Inc., Kohl's Corp. and Nordstrom Inc. — all showed signs of wear and tear Thursday in reporting their first-quarter financial results. Profits at Penney's fell 49.6 percent, the bottom line at Kohl's slipped 26.8 percent and Nordstrom was off 24.2 percent.

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