Kohl's just reported third quarter earnings and sales that missed analysts' estimates. The company said on Tuesday that sales at stores open at least a year grew 0.4% in the most recent quarter. We visited a Kohl's in August and saw why the retailer poised to take on the retail apocalypse might not survive after all. Visit Business Insider's homepage for more stories. It looks like Kohl's isn't defying the retail apocalypse after all.
Kohl's just reported third quarter earnings and sales that missed analysts' estimates. The company said on Tuesday that sales at stores open at least a year grew 0.4% in the most recent quarter. We visited a Kohl's in August and saw why the retailer poised to take on the retail apocalypse might not survive after all. Visit Business Insider's homepage for more stories. It looks like Kohl's isn't defying the retail apocalypse after all.
Its outlook, not it's outlook.
'There were a lot of clothing options, but every item seemed completely out of touch with current fashion trends.' This was the change we saw in JCP in the late 90's 00's. It was as if they had fired all the good buyers.
Kohl’s was a great go-to 15 years ago. Now it’s a total no-go. Sparse inventory, fewer employees to keep the inventory presentable, feels like shopping in a third world country. Haven’t spent a dime there in about 4-5 years.
That picture reflects what I saw yesterday.