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Kohl's cuts 250 roles in organisation restructure

2020-02-17 13:01:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Kohl's has cut about 250 positions as part of a restructure designed to create a more customer-centric focus and position the company for long-term success.

Tags: organisation roles cuts restructure

 

US Q4 in brief - Ross Stores, Nordstrom, Urban Outfitters, Kohl's

2020-01-31 13:29:00| Daily apparel & textile news and comment - from just-style.com

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Ross Stores has delivered "strong sales and earnings growth", while Urban Outfitters reported a drop in fourth-quarter earnings. Elsewhere, department store retailer Target Corp has booked a rise in both total revenue and net earnings, sales at Crocs have increased by 21.8%, and JCPenney said it expects to close at least six stores in the year ahead following a drop in fourth-quarter sales and net income. 

Tags: stores urban ross outfitters

 
 

US holiday sales in brief - Urban Outfitters, L Brands, Kohl's

2020-01-09 13:44:00| Daily apparel & textile news and comment - from just-style.com

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers with Urban Outfitters reporting record holiday sales but L Brands lowering its fourth-quarter earnings guidance. Elsewhere, Kohl's is now expecting fiscal 2019 diluted earnings per share to be at the low end of its guidance range and JCPenney has reported a 7.5% comp sales drop.

Tags: l sales holiday brands

 

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