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Tag: Kohl's Corp

Nordstrom (JWN) reports fourth quarter 2019 earnings miss

Nordstrom (JWN) reports fourth quarter 2019 earnings miss

Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Demetrius Freeman | Bloomberg | Getty Images Nordstrom shares tumbled Tuesday after the retailer announced it is changing its leadership structure, appointing Erik Nordstrom as sole CEO and retiring its co-presidency. It announced the changes as it […]

Target (TGT) holiday 2019 sales fall short of estimates

Target (TGT) holiday 2019 sales fall short of estimates

Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Its shares tumbled more than 8% on the news. Walmart, which hasn’t reported holiday results, also traded lower. Its stock was last down about 2%. […]

Lululemon raises its quarterly forecast after upbeat holiday sales

Lululemon raises its quarterly forecast after upbeat holiday sales

Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon Athletica raised its quarterly sales and profit outlook on Monday, as the Canadian apparel maker’s efforts to ramp up its online presence and broaden its range helped drive sales during the all-important holiday […]

Cramer breaks down the rallies behind Tesla, Beyond Meat and Lululemon

Cramer breaks down the rallies behind Tesla, Beyond Meat and Lululemon

CNBC’s Jim Cramer has been hammering home the difference between meaningless and meaningful gains on the stock market and on Monday laid out a basket of companies that are rising for good reason. “We don’t want to be in a situation where stocks keep roaring on the same old, same old information, so it’s a […]

Kohl’s CEO Michelle Gass: ‘Amazon is working’

Kohl’s CEO Michelle Gass: ‘Amazon is working’

An Amazon.com Inc. sign hangs outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Kohl’s CEO Michelle Gass says the retailer’s partnership with Amazon is going well, despite Kohl’s reporting dismal holiday sales that cast doubt on the strategy. “I get […]