Kohl's

Kohl’s said Monday that it has rejected an investor group’s attempt to seize control of its board, saying it would disrupt the momentum it has in revamping its business, reports CNBC. The retailer’s shares soared more than 8 percent in trading Monday, after a group of activist investors confirmed it has nominated nine directors to…

Kohl's is laying off 250 workers as it restructures parts of its business following a dismal holiday season, reports CNBC. As part of the job cuts, Kohl’s is getting rid of a layer of regional store leadership roles as well as restructuring teams in its merchant organization. The changes will help Kohl’s streamline communications and eliminate the…

In this week's Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham discuss the recent moves by Kohl’s to diversify its business in response to challenges facing traditional brick-and-mortar retailers, particularly department stores. Within recent months, Kohl’s announced that it was exploring acquiring home decor retail chain At Home Group Inc., partnered with Fanatics to sell…

In this week's Retail Right Now, Joe Keenan and Kristina Stidham discuss Total Retail's 2019 Top 100 Omnichannel Retailers report. They discuss key findings to emerge from the report, as well as identify the omnichannel trends gathered from the data. This report is the third annual ranking of 100 publicly traded retailers based on their…

Kohl's announced Tuesday that it will accept Amazon.com returns in all of its store locations beginning in July, reports CNBC. Kohl's currently sells select Amazon products and accepts the e-commerce giant's returns in roughly 100 stores. The expansion of their partnership will push out Amazon returns capabilities to all Kohl's locations, amounting to more than…

The Los Angeles city attorney’s office has sued four retailers, alleging deceptive advertising that it says misled shoppers into believing that thousands of products were on sale at a hefty discount. The retailers — J.C. Penney, Sears, Kohl’s and Macy’s — falsely advertised high “list” or “regular” prices on merchandise that was never actually for sale at that…

Traditional retailers are struggling. In the spring of 2016 alone, we saw Sports Authority declare bankruptcy, Aeropostale lose 93 percent of its share price before declaring insolvency, and sales at Kohl's drop. Even as recently as August 11, Macy’s announced it will close another 100 stores. There's little doubt that competition from online retailers has…

Apple is adding loyalty cards from top retailers to its Apple Pay mobile payments system and has changed the name of Passbook to "Wallet." In addition to linking debit and credit cards to Apple Pay accounts, users can now also include store credit cards from companies like Kohl's, J.C. Penney and BJ's as well as…

For many years, Kohl's has struggled with its merchandise assortment. Until recently, management emphasized private labels like Sonoma and Croft & Barrow and Jumping Beans. Now Kohl's is moving away from private brands toward national brands like Nike, Adidas, Keds, Levi, Juicy Couture and Izod, Elie Tahari for DesigNation, Elle, Gloria Vanderbilt, Disney, Arrow, Dockers, Carters and many others. The emphasis on exclusive lines such as Vera Wang, Jennifer Lopez, Dana Buchman and others will continue. 

Retailers push for ever-earlier shopping on Thanksgiving Day continues. Joining the still-swelling wave, Kohl's said Thursday that its stores will open at 6 p.m. on Thanksgiving Day, two hours earlier than last year. That puts the Menomonee Falls, Wis.-based chain on even footing with Macy's, which already announced a 6 p.m. start to the pre-Black Friday shopping extravaganza. Macy's opened at 8 p.m. last year. Other big retailers such as Target and Sears have yet to disclose their plans, but Anne Brouwer, senior partner with Chicago retail consultant McMillanDoolittle, said she expects more announcements of openings at 6, or earlier.