Kohl's struggles with same economy that let Macy's thrive

Management at Kohl's (KSS) is taking some heat from retail analysts after putting in a soft quarter which it blamed on the economy again. It's the same consumer spending backdrop that Macy's dealt with as it accelerated sales throughout the fall.

An inventory rise of 2% at Kohl's in Q3 could be cause of concern and the company's claim that it's "well-positioned" to gain market share in Q4 is ringing hollow after a string of misses.

KSS -8.9% premarket.

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  • Store Watch
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    The should get rid of Jennifer Lopez and Marc Anthony bands which don't sell despite what there reports says, I have sources saying the they not productive, the management who supported these brands is just trying to say there jobs for supporting and investing in this brands.
    14 Nov 2013, 11:45 AM Reply Like
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