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Kohl’s forecasts Q3 same-sales drop, e-commerce gain
Menomonee Falls, Wis. - Kohl’s Corp. expects same-store sales to decrease 1.4% in the third quarter of fiscal 2014. The company said October sales have been softer than the balance of the quarter. Geographically, Kohl’s expects sales to be consistent across all regions. E-commerce sales are expected to increase more than 30%. By line of business, the company expects children’s to report same-store sales increases for the quarter. -
Expansion at Sawgrass Mills to bring an additional 30 stores and restaurants
Sunrise, Fla. - The Sawgrass Mills outlet and value retail shopping center has begun construction on the next expansion of its open-air luxury promenade, The Colonnade Outlets at Sawgrass Mills. The planned project will include an additional 80,000 sq. ft. to comprise 30 additional luxury outlet stores and full-service restaurants, which will join a roster of existing brands like Prada, Gucci, Tory Burch, Burberry and more.

