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Kohl's Corporation (KSS)

- NYSE
  • Sep. 27, 2012, 12:44 PM
    Young shoppers are the force behind the rapid growth of showrooming with their grasp on how to use mobile devices to find the best deals, according to research by AlixPartners. Naturally, Amazon (AMZN +2.2%) appears to be a beneficiary of the trend, but brick-and-mortar retailers could have a secret weapon. A retail brief published by Aimia suggests that the very same savvy young shoppers who make showrooming a force of habit are also the most loyal reward program participants. The end game: A loyalty program with soft benefits could steal Amazon's thunder.
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  • Sep. 26, 2012, 7:07 AM
    Kohl's (KSS) announces that it will open 12 new stores and will invest in its existing store base with remodeling efforts. Of note, 11 of the 12 stores will be of a smaller format with less than 64K square feet of retail space.
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  • Sep. 25, 2012, 1:14 PM
    Toys R Us Chairman Jerry Storch makes the case on Squawk Box that brick-and-mortar stores won't go away anytime soon, but will morph into mini-distribution centers. The line of thought follows a recent trend by retail players of using existing stores as fulfillment centers and showcasing more extensive pick up options to online buyers. The end game: Retail stores see a competitive advantage over Amazon if they can deliver products faster as they still dream about ultimately offering the holy grail of online shopping - same-day delivery.
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  • Sep. 18, 2012, 7:24 PM
    Retailers appear to be optimistic about the Christmas holiday season ahead, despite gloom in other sectors about a potentially worsening global economy. Department store operator Kohl's (KSS) says it expects to add 10% more workers this year, while a poll by the Hay Group found that 57% of retailers were keeping holiday hiring at about the same level as a year ago, while about 36% said they planned to hire more. That's up from last year, when just 10% of stores said they would hire more.
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  • Sep. 18, 2012, 8:22 AM
    Kohl's (KSS) announces that it plans to hire over 52K seasonal workers for the the holiday season, marking more than a 10% increase from last year's total. While the company says the move is to ensure high customer service during the busy shopping season, with close to 5.7K temporary workers slated for distribution centers it also looks like the retailer is also expecting a nice bounce in its e-commerce business.
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  • Sep. 12, 2012, 7:07 AM
    ShopperTrak forecasts retail holiday traffic will rise this year for the first time since 2007 with shopping trends looking positive. The data firm sees U.S. retail sales up 3.3% Y/Y and foot traffic gaining 2.8% for the holiday period.
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  • Sep. 5, 2012, 8:24 AM
    Kohl's (KSS) plans to add 36 new electric vehicle charging stations at 18 locations in Illinois, Indiana, and Wisconsin. Retailers and restaurant chains are increasingly keeping an eye on the potential for bringing in new traffic with local EV stations, with Kohl's setting the tone by advancing its initiative beyond a pilot program. (Previous: MCD adds EV stations in Europe)
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  • Aug. 30, 2012, 1:55 PM
    Today's round of strong sale reports from major retailers may give firms the confidence to hold back on more promotional activity heading into the holiday season, according to AlixPartners. One promising trend is that shoppers stepped out to buy bolder, more fashion-oriented lines - instead of just replenishing the basics. With the retail table now set for a strong Q3 as the back-to-school season roars to a powerful start, optimism starts to creep up that consumers might even keep the good vibes going right through the crucial holiday period.
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  • Aug. 30, 2012, 10:14 AM
    Shares of Kohl's (KSS +2.8%) trade higher after the retailer reports a better-than-expected increase in same-store sales. CEO Kevin Mansell says better merchandise and new marketing strategies contributed to the boost.
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  • Aug. 30, 2012, 8:47 AM
    Kohl (KSS) same-store sales: +3.4%. Total sales +5.3% to $1.48B. (PR)
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  • Aug. 14, 2012, 5:23 PM
    Stephen Mandel's Lone Pine Capital takes up new positions: Cooper Cos. (COO), Walt Disney (DIS), eBay (EBAY), Google (GOOG), HCA Holdings (HCA), Kohls (KSS), Liberty Global (LBTYA), Monsanto (MON), News Corp, (NWSA), Qualcomm (QCOM).
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  • Aug. 9, 2012, 8:12 AM
    More on Kohl's (KSS): Inventories up 13% compared to planned sales growth of 1%-3%, cause for concern? Execs say sales improved "considerably" in July. An anticipated bounce from disgruntled J.C. Penney shoppers and new higher-end lines didn't make up for the retailer's broad price cuts. Shares of KSS -1.2% premarket.
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  • Aug. 9, 2012, 7:10 AM
    More on Kohl's (KSS): Gross margin as a percentage of sales fell 170 bps to 39.0%. Sees full-year EPS of $4.50-$4.65, lower than prior guidance of $4.75. (PR)
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  • Aug. 9, 2012, 7:09 AM
    Kohl's (KSS) declares $0.32/share quarterly dividend, in line with previous. Forward yield 2.46%. For shareholders of record Sep 05. Payable Sep 26. Ex-div date Sep 03. (PR)
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  • Aug. 9, 2012, 7:02 AM
    Kohl's (KSS): Q2 EPS of $1.00 beats by $0.04. Revenue of $4.2B (-1% Y/Y) in-line. (PR)
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  • Aug. 9, 2012, 12:05 AM
    Notable earnings before Thursday’s open: AAP, AG, AXAS, CNQ, EAT, FUN, GOLD, JRCC, KITD, KRO, KSS, MFC, MHR, MKL, MPW, NOG, NVO, RGLD, SNSS, SSRI, THI, TNK, VPHM, WEN, WIN
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Company Description
Kohl's Corp operates department stores that sell moderately priced exclusive and national brand apparel, footwear, accessories, beauty and home products. Itswebsite includes merchandise available in stores, and merchandise available only on-line.
Sector: Services
Country: United States