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Kohl’s Stock Takes a Beating on Disappointing Holiday Results

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Menomonee Falls, WI–Kohl’s Corp. today saw its shares take a beating after the department store released preliminary fourth quarter results consisting of a lower earnings forecast after sales failed to meet expectations during the holiday quarter. Kohl’s comparable store sales edged up 0.4%, missing the 0.8% increase that Retail Metrics …

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Accessories Honors 2016 Merchants Hall of Fame Inductees

In Merchants Hall of Fame, People, Reports, Retail News, What's New by Accessories StaffLeave a Comment

 New York—Accessories magazine proudly presents the 2016 class of its annual Merchants Hall of Fame! The recipients were selected by the vendor and retailing community for their exceptional retailing expertise and business/fashion acumen. Each received a full-page profile in Merchants Hall of Fame section in the January/February 2016 issue of Accessories. …

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Reports from the Shopping Cart: Retailers Speak Up about Black Weekend

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Washington and New York—Mixed reports about Black Weekend shopping came in this morning as retailers, analysts and trade associations relayed statements about sales. Some reported strong foot traffic even on Thanksgiving night. Others says traffic is for in-store sales and that Cyber Monday may actually wind up being the strongest …

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Kohl’s Appoints COO, Who Will Be Competing for Future CEO Role

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Menomonee Falls, WI—Kohl’s announced today that Sona Chawla, a former Walgreens executive, has been named its new chief operating officer. Chawla will oversee the integration of Kohls’ stores and digital business. And in a rare instance of public competition, Kohl’s said Chawla, along with chief merchandising and customer officer Michelle …

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Kohl’s Amps Up Digital to Make Omnichannel Shopping Easier

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Menomonee Falls, WI—As holiday approaches there’s an increase in promotional ads and these days an increase in retailers touting their latest omnichannel upgrades. Today, Kohl’s release its own set of digital upgrades including a store mode for Kohl’s mobile app, enhanced mobile payment options like Apple Pay, a seamless omnichannel …

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Kohl’s Donates $3 Million to the American Cancer Society

In Industry News, Marketing, What's New by Accessories StaffLeave a Comment

Menomonee Falls, WI—Kohl’s  announced Tuesday the donation of $3 million over three years to the American Cancer Society to continue Kohl’s support of the fight against breast cancer. The donation will also launch the brand-new Kohl’s Healthy Families program in southeast Wisconsin, dedicated to providing information and resources on the …

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Kohl’s Cares Gives Back this Back-to-School Season

In Industry News, Marketing, What's New by Accessories StaffLeave a Comment

Menomonee, Falls WI–Kohl’s Department Stores is featuring beloved children’s books from author Laura Numeroff available now through September, at Kohl’s stores nationwide and on Kohls.com. Each Kohl’s Cares item is priced at just $5, with 100% of the net profit supporting children’s health and education initiatives nationwide. “Kohl’s Cares is …

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Accessories Magazine and FABB Honor 2015 Merchants Hall of Fame Inductees

In Industry News, Merchants Hall of Fame, Paparazzi, People, Profiles, What's New by Lauren ParkerLeave a Comment

Accessories magazine is proud to honor the newest round of inductees into its 5th Annual 2015 Merchants Hall of Fame. FABB also honored this impressive group of merchants at its annual ball on May 6th, where the merchants received their plaques and took the stage to much applause from vendors …

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Kohl’s Q4 Results Beat Estimates, to Increase Omnichannel Spending

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Menomonee Falls, WI—Kohl’s Corp. reported today a better-than-expected fourth quarter as its comparable store sales improved. The department store posted a 17% increase in its fourth quarter earnings to $369 million, or $1.83 per share, “driven by higher sales, comps growth and prudent management of expenses and inventories.” Net revenue …

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Amazon, Nordstrom Lead Customer Satisfaction Index

In Industry News, What's New by Accessories StaffLeave a Comment

Ann Arbor, MI—The American Customer Satisfaction Index’s 2014 report ranks Amazon the top e-commerce retailer and Nordstrom the top department store retailer. The report also shows that overall customer satisfaction is dropping for brick-and-mortar retailers and rising for web retailers. “Although there are several signs that the economy might finally …