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Kohl's, Inc.

  • Kohl’s misses as Q3 earnings fall 18%; lowers full-year outlook

    Menomonee Falls, Wis. – Kohl’s Corp. missed Wall Street forecasts with a generally poor showing in the third quarter of fiscal 2013 that saw the retailer’s net income fell 18% to $177 million from $215 million a year ago. The chain lowered its full-year earnings forecast.

    In addition, net sales dropped 1% to $4.44 billion, from $4.49 billion. Same-store sales fell 1.6%.

  • Former Kohl’s exec joins board of ATM owner

    Julie Gardner, former chief marketing officer at Kohl’s, is the newest board of Cardtronics, the world’s largest retail ATM owner.

    Cardtronics operates a vast network of more than 80,000 ATMs at locations throughout the United States and internationally.

    Gardner spent 14 years at Kohl’s and most recently served as EVP and chief marketing officer. Prior to Kohl’s, Gardner was with the Eckerd Corp., a regional drug store chain that was eventually acquired by CVS.

  • Bon-Ton will open stores Thanksgiving

    York, Pa. – The Bon-Ton Stores, Inc. is the latest retailer to plan to have its stores open Thanksgiving night. Bon-Ton will open its stores at 8 p.m. on Thursday, Nov. 28 and offer in-store doorbuster deals through 2 p.m. on Friday, Nov. 29.

    Online doorbusters will begin at 6 a.m. on Wednesday, Nov. 27. Other retailers that have already announced plans to open stores at 8 p.m. Thanksgiving night include Macy’s, J.C. Penney and Kohl’s.

  • Bon-Ton to open at 8p.m. on Thanksgiving

    The Bon-Ton Stores will be opening its stores at 8 p.m. on Thanksgiving Day, joining a growing list of retailers getting a jump on Black Friday. The retailer is also offering in-store doorbuster deals through 2 p.m. Friday, Nov. 29.

    Online doorbusters will begin at 6 a.m. on Wednesday, Nov. 27. Other retailers that have already announced plans to open stores at 8 p.m. Thanksgiving night include Macy’s, J.C. Penney and Kohl’s.

  • Schimenti Construction names Kohl’s exec as VP of ops

    Ridgefield, Conn. -- Schimenti Construction Company announced it appointed Gregg Bartel as VP of operations. Bartel joins the company from Kohl’s Department Store, where as VP of pre-construction & development, he oversaw site due diligence and development of retail and non-retail construction projects across the United States

  • RadioShack bolsters leadership as Q3 loss widens

    RadioShack posted a net loss of $112 million during the third quarter of fiscal 2013, compared to a net loss of $47 million in the year-ago period. It was the retailer’s seventh straight quarter posting a net loss.

    The company also named Paul Rutenis, formerly senior VP, general merchandising manager for the home division of J.C. Penney Company, as its new chief merchant.

  • RadioShack Q3 loss widens; names Penney exec as chief merchant

    Fort Worth, Texas - RadioShack Corporation reported a net loss of $112 million during the third quarter of fiscal 2013, compared to a net loss of $47 million in the year-ago period. It was the retailer’s seventh straight quarter posting a net loss. The company also named Paul Rutenis, formerly senior VP, general merchandising manager for the home division of J.C. Penney Company, as its new chief merchant.

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