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Kohl’s (KSS) Q4 2023 earnings report, Babies R Us deal

Shoppers walk in front of a Kohl's store in Mount Kisco, New York.Scott Mlyn | CNBCKohl's said Tuesday that it's teaming up with the owner of Babies R Us to bring baby gear, furniture and more to approximately 200 of its stores across the country.The retailer struck a licensing deal with WHP Global, a brand management firm with a portfolio that includes Bonobos, Joe's Jeans and Anne Klein. The two companies did not disclose the terms of the agreement.Kohl's said the first Babies R Us shops will open this August and expand…

Convicted Parker Kohl’s thieves argued for lesser charge because items were on sale

PARKER, Colo. — Two men convicted of felony theft for stealing more than $2,000 worth of merchandise from a Parker Kohl’s store argued in court for a lesser charge because the items were on sale and they had coupons, according to the 18th Judicial District. Michael Green, 50, and Byron Bolden, 37, were formally sentenced this month after being convicted of retail theft at the Kohl’s store this year, according to a Tuesday news release from the judicial district. The two men were dubbed “KitchenAid Mixer Crew” because of…

Levi’s New Stretch Is Selling Directly to Consumers

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Kohl's, Best Buy, Lowe's Sales Sluggish as Shoppers Pull Back

Consumer caution constrains earnings for retailers Dick’s, e.l.f. Beauty and Williams-Sonoma. Consumer caution constrains earnings for retailers Dick’s, e.l.f. Beauty and Williams-Sonoma. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

Kohl’s (KSS) earnings Q12023

People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida.Joe Raedle | Getty ImagesKohl's shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround.Shares jumped more than 12% in premarket trading.The retailer reiterated its full-year outlook. It said it expects net sales to range between a decline of 2% and a decline of 4%, including the approximately 1% impact from having one more week of sales this year. It said it expects diluted…

DC Heroes, Looney Tunes, Wizard of Oz

Image: Warner Bros. Consumer ProductsIt’s a big year for Warner Bros. with all its centennial celebrations. Merch marking the WB100 features mash-ups with the Looney Tunes, DC characters, and cinematic classics like Casablanca. The collection also includes special edition items inspired by WB’s 100 years of storytelling—think replicas of iconic props like Dorothy’s ruby slippers from The Wizard of Oz.Check out the gallery for a look at the lines available from retailers like BoxLunch, Kohl’s, Loungefly,and Zara.

Macy’s CEO Jeff Gennette to Retire, Give Reins to Bloomingdale’s Boss Tony Spring

The chief executive of Macy’s Inc. M -1.01% will retire after steering the department-store chain through several crises, handing over its future to one of his lieutenants. Jeff Gennette, a Macy’s veteran who took over as CEO in 2017, will step aside in February, the company said. He faced the rise of Amazon.com Inc. as an apparel rival, fended off an activist investor’s calls to split Macy’s stores from its e-commerce business and managed…

Macy’s and Nordstrom Have a Fashionable New Look: Going Small

Department stores could use a bit of retail therapy after that holiday season. Kohl’s KSS 1.87% comparable-store sales declined 6.6% in its quarter ended Jan. 28 compared with a year earlier. Macy’s, M 0.07% which also owns Bloomingdale’s, said on Thursday that comparable-store sales in stores it fully owns declined 3.3% over the same period. Nordstrom’s…

Kohl’s (KSS) earnings Q4 2022

People shop at Kohl's department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California.Liu Guanguan | China News Service | Getty ImagesKohl's shares sunk on Wednesday after the retailer posted a big loss and a sales decline of about 7% in the holiday quarter.The company also shared a weak outlook for the year ahead. It said it anticipates net sales to range between a decline of 2% and a decline of 4%, including the impact of the 53rd week of the year that is worth about 1% year over year.…

Kohl’s names interim CEO Tom Kingsbury to the post permanently

The Kohl's logo is displayed on the exterior of a Kohl's store on January 24, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesKohl's on Thursday named interim CEO Tom Kingsbury to the post on a permanent basis.He took over as interim CEO in December after former chief executive Michelle Gass decided to leave for Levi Strauss. Kingsbury's appointment had been expected.related investing newsThe company also said activist investor Macellum Advisors agreed to back off its pressure campaign. "The Board appreciates…