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Company: Kohl's (KSS)
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edit JCP opening off mall stores

Mall based stores such as J.C. Penney (JCP) are beginning to open off-mall stores.

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edit High gas prices and interest rates could cut spending habits

High gas prices and interest rates could cut moderate consumer’s spending habits.

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edit Weak retail environment has led to a drop in consumer demand

A mid-priced retailer of apparel and housewares, KSS does not have the discount-price advantage that stores such as Dollar Tree or Wal-Mart has during the recession. As consumers look more to cutting costs through shopping at discount-price retailers, KSS will face more rigorous competition in an environment where retail sales are already weak. In fact, in Q3 2008 (ended Nov. 1, 2008), net earnings fell 17% to $160.2 million, sales fell 1%, and same-store sales fell 6.7% when compared to the prior-year quarter.

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1 votes

edit "Walmart, Target strengthening their apparel division"

Mass discount retailers such as Wal-Mart Stores (WMT) and Target (TGT) are strengthening their apparel division.

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1 votes

edit Walmart, Target strengthening their apparel division

Mass discount retailers such as Wal-Mart Stores (WMT) and Target (TGT) are strengthening their apparel division.

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