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The Latest Breaking News from Kohl

Dow Jones Falls After Key Economic Data; Nvidia Drops On Earnings Miss

The Dow Jones Industrial Average sold off Thursday after key economic data. Nvidia earnings missed estimates, sparking a 2% retreat.

Investors Business Daily

Women Fortune 500 CEOs will drop by one after Kohl's CEO joins Levi Strauss

Michelle Gass is joining Levi Strauss with a plan to succeed Chip Bergh as CEO within 18 months. That's one less woman heading a Fortune 500 company.

Fortune

Kohl's CEO's departure means one fewer Fortune 500 company with a female CEO and CFO

Michelle Gass is leaving for the top job at Levi's, and Jill Timm will remain CFO at Kohl's.

Fortune

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Levi's CEO thinks Michelle Gass will succeed as his replacement despite her Kohl's woes

Levi Strauss CEO Chip Bergh is adamant that Kohl’s CEO Michelle Gass is the right person to succeed him, despite her inability to turn Kohl’s around.

Fortune

Kohl's Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bullish stance on Kohl's. Looking at options history for Kohl's (NYSE:KSS) we detected 11 strange trades.

Benzinga

Inflation, Recession Fears Have Holiday Shoppers Trading Down

Many shoppers are trading down to less expensive clothing and accessories -- swapping Lululemon leggings for Uniqlo and expensive lingerie for Target bras and panties -- as inflation eats into their disposable income and a rocky stock market erodes their wealth.

Bangkok Post

Father and daughter stabbed to death in Kohl’s parking lot

Officials say arrested suspect may have been living in his car at Kohl’s in Palmdale

The Independent UK

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Oil Output Cut May Tip Global Economy Into Recession, Elon Musk's Starship's First Space Tourist, Alphabet Approves Distribution Of Trump's Truth Social App: Top Stories Thursday, Oct. 13

Reuters

Benzinga

Macy's Eyes Lower Holiday Sales Due To Inflation Pressure. Is Macy's Stock A Buy?

The long established retail store and New York favorite sells apparel, accessories, cosmetics, home furnishings and other consumer goods.

Investors Business Daily

JCPenney ready to replace Sephora in hundreds of stores

JCPenney Beauty, the retailer’s own beauty department created to replace departing Sephora in-store shops, is ready to be rolled out to hundreds of stores.

Tribune News Service

Americans splurge on beauty, despite pullbacks elsewhere

Americans are splurging on beauty as they tighten their budgets elsewhere

The Independent UK

Amid US Retail Gloom, Uniqlo Shines on COVID-Triggered Revamp

Just as inflation ravages the big guns of US apparel retail, awash in high inventory and deep discounts to lure shoppers back to stores, Japan's Uniqlo is set for its best year ever in North America after a COVID-imposed revolution in its business model. Retailers from Gap to Kohl's are…

Asharq Al-Awsat

Over $17 Million Bet On This Electric Vehicle Stock? 4 Stocks Insiders Are Buying

Although US stocks closed higher on Wednesday, there were a few notable insider trades.

Benzinga

5 Kohl's Analysts On Bloated Inventory, Guidance Cut: 'Fundamentals Are Likely To Get Worse'

Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth.

Benzinga

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Investors Business Daily

Dow Jones Lower Ahead Of Fed Minutes; Retail Sales Miss Expectations; Apple Upgraded, Costco Nears Buy Point

Investors are now focused on the 2 p.m. release of the Fed Minutes. Apple and Costco are near buy points.

Investors Business Daily

Retail Stocks: Kohl's, Ross Stores Latest To Cut Forecasts

Kohl's tumbled after slashing full-year guidance after TJX earnings topped but sales fell short.

Axios

Inflation hits back-to-school shopping

It's not your imagination. School supplies cost more this year.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For August 4, 2022

Upgrades

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Chicago Tribune

Back-to-school spending expected to hit record high as inflation soars. ‘It’s kind of adding up now’

Nicole Sebastian has been “a little choosier” when buying school supplies for her two kids this year. With inflation at its highest since the early 1980s, prices are up across the board, and notebooks and markers are no exception.

Benzinga

NCR Stock Rallies 13% On Veritas Capital Takeover Report

NCR Corporation (NYSE: NCR) stock jumped 12.7% on Tuesday after The Wall Street Journal ("WSJ") reported that the private equity firm — Veritas Capital — is in exclusive talks to buy the consumer transactions software and services company.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 7, 2022

Upgrades

Benzinga

Read How Analysts Reacted To Kohl's Conclusion Of Strategic Review Process

Telsey Advisory Group analyst Dana Telsey has lowered the price target on Kohl's Corp (NYSE:KSS) to $35 (19% upside) from $55 and kept the Market Perform rating on the shares. Kohl's abandoned its negotiations with Franchise Group, considering the challenges in the current retail and financing environment. Also, the retail chain has cut its Q2 sales guidance on ongoing inflationary…

Bangkok Post

Kohl's Scraps Talks for Sale to Franchise Group

Kohl's Corp. has called off its sale to Franchise Group Inc. amid rising interest rates and an uncertain economic environment that is having a chilling effect on deal making.

Investors Business Daily

Dow Jones Rallies More Than 200 Points Despite Intel Smackdown; Watch These Biotech Stocks Now

The Dow Jones strengthened in afternoon trading Friday, along with the Nasdaq, which was unfazed by a sell-off in semiconductor stocks.

Investors Business Daily

Stocks In The Red To Start Quarter; Semis Are Hit Hard

The ISM Manufacturing Index dropped to 53.0 in a sign of weakness for the economy.

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