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Kohl’s Slammed on Earnings; Charts on What to Expect for TJX, Ross Stores

The retail sector has seen strength from online giant Amazon (AMZN - Get Report) , which set an all-time high of $722.45 on Thursday. A theme for quite some time is that Amazon is gaining market share from the mall anchors and from discount retailers around the country.

Mall anchors Dillard's (DDS - Get Report) , Nordstrom (JWN) and Macy's (M) set new multiyear lows on Thursday, as Amazon was setting its all-time high.

The share price damage was sever. Dillard's had a year-to-date gain of 2.1% on May 6 and at Thursday's close of $60.64 had a 7.7% year to date decline. The stock traded as low as $56.03 in premarket trading on Thursday in sympathy with the crash of Nordstrom.

On May 6, Nordstrom had a loss of 3.5% year to date. At Thursday's close of $45.23, it is down 9.2%. This mall anchor reported disappointing earnings after the closing bell and traded as low as $36.94 in premarket trading.

On May 6, Macy's had a gain of 7.6% year to date. At Thursday's close of $31.21, it is now down 10.8% year to date.

Discount retailer Kohl's (KSS - Get Report) was sent to the...