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Kohl’s honored by EPA with Sustained Excellence in Green Power Award
Menomonee Falls, Wis. -- Kohl’s Department Stores announced its goal to achieve net zero emissions each year through 2015. The company also announced that it has been recognized with a 2013 Sustained Excellence in Green Power Award from the U.S. Environmental Protection Agency (EPA). (The annual Green Power Leadership Awards recognize the country’s leading green power users for their commitment and contribution to helping advance the development of the nation’s voluntary green power market.)
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Deloitte: U.S. holiday sales to rise 4% to 4.5%
New York -- Holiday sales are expected to climb to between $963 and $967 billion, representing a 4% to 4.5% increase in November through January holiday sales (excluding motor vehicles and gasoline) this year from last year’s season, according to the new Deloitte holiday sales forecast. The growth rate is on par with last year's 4.5% gain.
In addition, Deloitte forecasts a 12.5 to 13% increase in non-store sales. Nearly three-quarters of non-store sales result from the online channel with additional sales coming from catalogs and interactive TV.