The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 8 US Department Store Companies had their average stock prices drop by a massive 63% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 8 US Department Store Corps have increased by a very impressive 672% through January 24, 2014, driven by Dillard's massive stock price appreciation.
Clearly, the investors in and executives of most of these 8 US Department Store Companies must be pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
Below here are the market prices of each of these 8 US Department Store Companies on January 24, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 24, 2014:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Department Stores Corp | HQs | 1-24-14 | 3-6-09 | 12-31-07 | 1-24-14 | 3-6-09 | |
Dillard's | Little Rock | AR | 90.70 | 3.19 | 18.78 | 2743% | -83% |
Bon-Ton Stores | York | PA | 11.00 | 1.20 | 9.49 | 817% | -87% |
Belk Inc | Charlotte | NC | 54.98 | 7.00 | 30.95 | 685% | -77% |
Macy's | Cincinnati | OH | 54.42 | 6.94 | 25.87 | 684% | -73% |
TJX Companies | Framingham | MA | 57.75 | 10.75 | 14.37 | 437% | -25% |
Kohl's | Menomonee Falls | WI | 50.22 | 34.50 | 45.80 | 46% | -25% |
Sears Holdings | Hoffman Estates | IL | 38.15 | 33.01 | 94.81 | 16% | -65% |
JC Penney | Plano | TX | 6.70 | 14.22 | 43.99 | -53% | -68% |
Average % Change all 8 | 672% | -63% |