Kohl’s Pledge For Progress Supports Social Change
To foster effective social change, Kohl’s has made a Pledge for Progress, the company announced, in support of its expressed Core Beliefs.
Kohls
Placer: Kohl’s Stores Enter 2021 In Strong Competitive Position
According to Placer.ai, despite being down year over year, Kohl’s stores are 2020 winners versus key rivals, particularly in the holiday season.
Holiday Trends Suggest Solid Sales But Challenges, Too
Based on early analysis of shopping patterns, 1010data has forecast a 5% increase in year-end sales for the holidays, with digital up 50% and store spending down 1% versus the 2019 season.
Kohl’s Teams With Sephora To Elevate Beauty Experience
Kohl’s has formed a long-term strategic partnership with Sephora to create a new era of elevated beauty at Kohl’s, marrying its customer reach and omnichannel convenience with Sephora’s prestige service, product selection and beauty experience.
2021 Retailers To Watch: Kohl’s
Kohl’s raced to national prominence on a clever proposition— take outlet-type bargains to the people, opening stores designed to compete with mid-tier and department store retailers in strip malls, closer to the homes of consumers it wanted to make customers.
Kohl’s Beats Wall Street Earnings Estimate In Q3
Kohl’s easily beat a Wall Street earnings per share estimate for the third quarter as digital sales gained even if revenues overall slid in a retail market disrupted by the continuing coronavirus pandemic.
Kohl’s Releases Black Friday Deals
Kohl’s is unveiling its Black Friday Ad, a new and bigger Black Friday Week event, and savings events all month long, giving consumers more opportunities to save on the top gifts of the season this November.
Kohl’s Testing Wellness Market Concept
With consumers prioritizing their health and shopping for a more casual lifestyle, with a focus on active gear, apparel, home goods, and overall personal wellness, Kohl’s is piloting a new essential goods concept: Kohl’s Wellness Market.
Kohl’s Outlines New Strategic Vision With Focus On Active And Casual Lifestyle
Kohl’s recently shared the company’s new strategic framework with the investment community, including new initiatives to position the company for long-term success. As part of its strategy, Kohl’s said it has set a new vision: to be the most trusted retailer of choice for the active and casual lifestyle.
Kohl’s Hiring Seasonal Associates
Kohl’s is hiring seasonal associates for the holidays at stores, distribution and e-commerce fulfillment centers across the country.
Kohl’s Cuts Corporate Staff To Cope With COVID-19 Pressures
In a filing with the United States Securities and Exchange Commission, Kohl’s stated that it has taken action to further align its cost base in response to the business impact of the COVID-19 pandemic, and so reduced corporate positions by approximately 15%.
Kohl’s Rolls Out Rewards Loyalty Program
Kohl’s is rolling out Kohl’s Rewards, the company’s new simplified loyalty program, offering customers a more rewarding shopping experience with the opportunity to earn more Kohl’s Cash coupons, every day, on every purchase.
Kohl’s Makes Progress Despite Coronavirus-Impacted Q2
Kohl’s is still grappling with the impact of the coronavirus pandemic on the marketplace and the economy, as second quarter net sales and net income declined, although not as much as Wall Street analysts had estimated.
Kohl’s Takes Big Q1 Coronavirus Hit
In a retail environment roiled by the COVID-19 pandemic, Kohl’s posted a big loss but detailed how it plans on emerging from the challenging time.
Kohl’s Takes Phased Approach To Store Reopenings
Kohl’s plans to reopen stores in 10 states on Monday, May 11, after opening stores in four states earlier this week. Following local guidelines and health information, the company will open additional Kohl’s stores in the coming weeks, taking the same measured approach.
Kohl’s Extends Store Closures, Furloughs Associates
In its ongoing support to slow the spread of COVID-19, Kohl’s is extending the duration of its temporary store closures until further notice. Due to the significant impact to the business, Kohl’s is taking additional actions to strengthen its financial flexibility.
Updated: Williams Sonoma, Other Retailers Close Stores, Reduce Hours
A range of retailers across channels are responding to the coronavirus outbreak with moves to temporarily close their stores, reduce store hours and other consumer and employee oriented initiatives.
Kohl’s Partnership With Lands’ End Includes Home Goods
Kohl’s has partnered with Lands’ End to offer the retailer’s entire assortment of women’s, men’s, kids, and home merchandise on Kohls.com, directly fulfilled and shipped by Lands’ End, beginning fall 2020.
Kohl’s Q4 Results Miss Expectations Despite Some Bright Spots
Kohl’s beat a Wall Street fourth quarter estimate and showed some bright spots in its performance, but CEO Michelle Gass expressed disappointment with the company’s financial results.
Kohl’s Restructuring Eliminates 250 Positions
Kohl’s is eliminating about 250 positions as the company restructures, an initiative that includes eliminating a layer of regional management positions, according to published reports, as well as shaking up the merchant organization.