-
Holiday sales lift Kohl's fortunes in 2014
Kohl’s Corp. has increased its outlook for the recently completed business year, citing strong sales growth during the holiday season.
The company reported fourth-quarter same store sales growth of 3.7%. The company also updated its fiscal 2014 earnings per share guidance to a range of $4.20 to $4.22 per share. On average, 27 analysts polled by Thomson Reuters expect the company to report earnings of $4.06 per share for fiscal 2014.
-
Most shoppers skeptical about data protection by retailers
Los Angeles -- American shoppers feel they can’t trust retailers to protect their credit card and personal information either online or in brick-and-mortar stores. According to a survey by Bizrate Insights, 62% of shoppers agreed that "Current security to protect credit card and personal information at a retailers’ brick-and-mortar stores isn’t strong enough.”
This was only marginally worse than concerns for security on websites (60% agree) but better that mobile transactions (65% agree).

