Kohls Corp Stock Price, News & Analysis

Kohl's (NYSE: KSS) is donating $5 million in grants to over 100 nonprofit organizations, supporting family health and wellness. Through its A Community with Heart program, grants ranging from $10,000 to $100,000 have been awarded to various nonprofits including the American Heart Association and Boys & Girls Clubs. This initiative highlights Kohl's commitment to giving back during the holiday season and reflects the dedication of its associates in empowering local communities.

Kohl's Corporation (NYSE: KSS) reported a challenging quarter ending October 31, 2020. Total revenue decreased by 14.0% to $3,979 million, with net sales down 13.3%. Gross margin fell to 35.8%

from 36.3% in 2019. The company posted a net loss of $12 million compared to a profit of $123 million a year earlier, while diluted earnings per share dropped to $(0.08).

Despite these results, the CEO emphasized digital sales growth and improved cash flow, indicating a stronger financial position.

Kohl's (NYSE: KSS) has unveiled its expansive holiday deals, introducing a larger Black Friday Week than ever before. Starting today, Nov. 6, customers can access limited-time offers, including up to 100 exclusive deals and a 20% discount on purchases. Throughout November, Kohl's will continue to update deals weekly, leading up to Black Friday Week from Nov. 22-27. The retailer highlights new savings opportunities, including Kohl’s Rewards and an emphasis on a safer shopping experience due to health measures. Customers can shop both online and in-store for maximum convenience.

Kohl’s (NYSE: KSS) has launched its latest Kohl’s Cares holiday collection, featuring beloved characters like the Grinch and Mickey Mouse. The collection includes plush toys and books priced at $9, with net profits benefiting organizations that enhance family health and wellness. Additionally, single books featuring various characters are available for $5. Since 2000, Kohl’s Cares has raised nearly $375 million for community initiatives. The company aims to inspire families through wellness and community support, contributing over $750 million to this cause.

Kohl's (NYSE: KSS) has announced a $5 million donation to nonprofits focused on family health and wellness as part of their holiday campaign, Give With All Your Heart. This initiative supports organizations like the American Heart Association and local food banks. Customers will enjoy an enhanced shopping experience with exclusive offers, Kohl's Cash rewards, and innovative digital activations, including Instagram LIVE events and a virtual holiday pop-up shop. The campaign aims to promote togetherness during the holiday season and engage customers with fun activities while giving back to the community.

Kohl's (NYSE: KSS) has announced the launch of its new private label athleisure brand, FLX, set to debut in March 2021. FLX, designed for both men and women, features stylish apparel made from high-quality performance fabrics. The brand will include core pieces such as bottoms and tees, refreshed seasonally with transitional items. The introduction of FLX is part of Kohl's strategy to strengthen its position in the active and casual apparel market while expanding size offerings and sustainability practices.

Kohl’s (NYSE: KSS) announces the introduction of Cole Haan footwear at select stores and online starting spring 2021. This partnership aims to enhance Kohl’s offerings in the active and casual lifestyle segment. Cole Haan will provide a range of styles, including casual loafers and sneakers, across 200 Kohl’s locations, with expanded online availability. The collaboration supports Kohl’s strategy to optimize its product portfolio and position itself as a leader in casual fashion. The announcement emphasizes the brand’s commitment to providing quality national brands to its customers.

Kohl's (NYSE: KSS) has rolled out its holiday shopping plans, emphasizing a safe and convenient shopping experience both online and in-store. The retailer has introduced Black Friday Week deals to attract early holiday shoppers. With a strong focus on categories such as cozy apparel, home goods, and toys, Kohl's is set to unveil new brands including Lands' End and Lauren Conrad Beauty this season. The retailer offers various promotions like Kohl's Rewards and easy shopping options, including contactless pick-up and Amazon returns at all locations.