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.
MENOMONEE FALLS, Wis. — Sales and earnings were disappointing at Kohl's, but the retailer remains optimistic heading into the fall. The retailer reported second quarter net income of $240 million, or $1 per diluted share, compared with $299 million, or $1.08 per diluted share, a year ago. Net sales were $4.2 billion, a decrease of 1% for the quarter. Comparable-store sales for the quarter decreased 2.7%. Kevin Mansell, Kohl’s chairman, president and CEO, said, “Our sales performance in the second quarter was disappointing. Our gross margin performance for the quarter, however, was better than expected. Our teams remain disciplined
MENOMONEE FALLS, Wis. — Kohl’s Department Stores has partnered with Elle magazine to offer a new line of apparel and accessories designed to raise money and awareness for the fight against breast cancer. Available for only $5 and $10 each, the Elle collection features a variety of chic and stylish apparel and accessories that support women’s health. From tees, pajama pants and shorts to scarves, candles and totes, all items are designed in fashionable fall colors and Parisian prints while sporting the signature pink ribbon. In Wisconsin Kohl’s stores, the breast cancer cause merchandise has its own center aisle
MENOMONEE FALLS, Wis. — Kohl's has launched its latest Kohl's Cares campaign around the character of Skippyjon Jones, created by Judy Schachner. Now through the end of September, Kohl's will offer exclusive storybooks, "Skippyjon Jones," "Skippyjon Jones, Class Action," "Skippyjon Jones in the Dog House," "Skippyjon Jones, Lost in Spice" and "Skippyjon Jones and the Big Bones, through the Kohl's Cares cause merchandise program. Hardcover editions, coordinating plush toys and an illustrated set of note cards are available at Kohl's stores nationwide and online at Kohls.com for just $5 each, with 100% of the net profit benefitting children's health
MENOMONEE FALLS, Wis. — Despite dropping from the previous year, Kohl's said its net income for the first quarter ended April 28 was in line with its expectations. The company reported net income of $154 million (63 cents per diluted share) compared with $201 million ($0.69 per diluted share) a year ago. Net sales were $4.2 billion, an increase of 1.9%for the quarter. Comparable-store sales for the quarter increased 0.2 percent. Kevin Mansell, Kohl’s chairman, president and CEO, said, “Our first quarter results reflect the implementation of our strategy to initiate lower pricing in order to provide greater value
MENOMONEE FALLS, Wis. — Kohl's has added athletic merchandise from Fila to its exclusive of Kohl's Care collection. Available now through the end of July, the collection offers chic and stylish athletic apparel, accessories and gifts which can be found in all 40 Wisconsin Kohl's stores and online at Kohls.com, with 100% of the net profit donated to support the fight against breast cancer, the company said. From tees, hats and shorts marked with colorful hearts and ribbons to ear buds, arm bands and duffle bags that show support in various shades of pink, gray, and black, all items