Kohl's Corporation (KSS) News
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KSS News Highlights
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Latest KSS News From Around the Web
Below are the latest news stories about KOHLS CORP that investors may wish to consider to help them evaluate KSS as an investment opportunity.
Big banks earnings, Kohl's CEO, December CPI: What to WatchAfter the closing bell on Wall Street, Market Domination Overtime Co-Hosts Julie Hyman and Josh Lipton examine what's on deck for investors next week. Big banks kick off earnings season with JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), Citi (C), Goldman Sachs (GS), Bank of America (BAC), and Morgan Stanley (MS) set to report quarterly results throughout the week. KB Homes (KBH), UnitedHealthcare Group (UNH), and Taiwan Semiconductor Manufacturing Company (TSM) will also release earnings reports. Kohl's (KSS) announced that CEO Tom Kingsbury will be stepping down from the role effective January 15, 2025. Former Michaels Companies CEO Ashley Buchanan has been named his replacement. The market will get fresh economic data with the Producer Price Index (PPI) coming out on Tuesday, January... |
‘Difficult but Necessary’: Kohl’s Shutters California Fulfillment Center, 27 StoresThe beleaguered department store is laying off 690 employees at the San Bernardino warehouse, and trimming its brick-and-mortar footprint. |
Kohl's to close 27 stores by April as struggling department stores works to improve salesKohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — as the struggling department store chain aims to boost profitability and improve sagging sales. The announcement comes as the Menomonee Falls, Wisconsin-based chain has posted 11 consecutive quarters of sales declines. Michaels CEO and retail veteran Ashley Buchanan is set to take over as the chief executive of Kohl's next week. |
Kohl’s Is Closing 27 Stores by April — Here’s the List, Live UpdatesThe company is also closing its e-commerce fulfillment center in San Bernardino, Calif. |
Kohl’s announces store closuresThe struggling department store said 27 locations will shutter by April and an e-commerce fulfillment center will close when its lease expires in May. |
Capital Allocation Trends At Kohl's (NYSE:KSS) Aren't IdealWhat underlying fundamental trends can indicate that a company might be in decline? When we see a declining return on... |
Three Reasons Why KSS is Risky and One Stock to Buy InsteadKohl's has gotten torched over the last six months - since June 2024, its stock price has dropped 36% to $14.85 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move. |
Could Kohl's, Macy's be next to go private? This analyst thinks so.While the Nordstrom (JWN) family moves to take the department store chain private in a deal valued at $6.25 billion, what other deals could be on the horizon for major retailers in 2025? Morningstar senior equity analyst David Swartz believes Macy's (M) and Kohl's (KSS) could be the next to go private, especially as Macy's faces pressures from activist investors Barington Capital and Thor Equities. "Both Macy's and Kohl's, I think, are still ripe for a takeover because their valuations are very poor, and it's unlikely that they're going to get good valuations anytime soon because investors have just really given up on the department store model," Swartz tells Josh Lipton and Seana Smith. "And realistically, they should, because department stores have been in decline in the US probably f... |
Nordstrom to go private in all-cash $6.25 billion deal. Is it a good move?Nordstrom is returning to its private roots after years of falling sales and earnings. The deal is valued at $6.25 billion. |
Nordstrom Family Reaches $4 Billion Deal to Take Retailer PrivateThe department-store chain agreed to be acquired by members of the founding family and Mexican retailer El Puerto de Liverpool. |