Kohl's CEO Says On Conference Call That Expects Challenging Macroeconomic Backdrop To Continue In Remainder Of The Year; Plan To Bring Seasonal Goods Earlier Heading Into Holiday Season To Capture Demand Early; Consumer Is Consistently Looking For Value And Compelling Assortment
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Why It Matters
Kohl's boss thinks money will be tight for shoppers for the rest of the year, so the store is putting holiday stuff on shelves earlier to sell it before people run out of money. This shows the company is watching customers carefully and trying to sell smarter.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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