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.

From other sites
Comments (1)
  • Store Watch
    , contributor
    Comments (3) | Send Message
     
    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
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs