The department store chain said on Friday that quarterly profit was hurt by cutbacks in consumer spending, and forecast further sales declines for the current quarter.

The saying that you cannot tell the players without a scorecard is being refreshed for the back-to-school shopping season.

J. C. Penney, Kohl’s and Nordstrom reported first-quarter profit on Thursday that fell less than analysts estimated by reducing costs as the economy teetered near a recession.