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Sales growth weak at Kohl's in Q1
Kohl’s couldn't combat weak consumer spending in the first quarter despite launching a loyalty program and new advertising initiatives.
Kevin Mansell, Kohl's chairman, chief executive officer and president, said: "Sales were modestly below our original expectations for the quarter, but accelerated in the March/April combined period after a weak February. We are very pleased with our earnings results, with a more balanced promotional calendar driving merchandise margin combined with strong expense control."
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Starbucks denies mobile app intrusion
Seattle – Starbucks Corp. is denying reports that hackers illegally gained entry into accounts of some users of its mobile app. Multiple media reports have indicated hackers broke into hundreds of accounts of Starbucks app users, stole their stored value, and leveraged the reload function to obtain customer payment card data.
In a statement, Starbucks said news reports of a hack are false and that it occasionally receives reports of unauthorized activity caused by criminals re-using names and passwords stolen from other customer accounts.

