Kohl's Corp
Bull market enters the ‘anything goes’ phase. Should you follow?
“Hey, you never know” was the catchphrase of New York State Lottery ads through much of the 1990s. An old friend in advertising who worked on another state’s lottery account once told me his creative team couldn’t get that line out of their minds, failing to improve upon the way it so perfectly captured the […]
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Meme screen: Heavily shorted small stocks that are starting to rip this week
Meme stock mania is back somewhat, and retail traders are targeting a new group of shares. Speculation resurfaced and exploded on Wall Street this week as day traders on Reddit’s WallStreetBets forum touted “you-only-live-once” risky trades and piled into beaten-down stocks. It’s no longer GameStop or AMC that retail traders are flocking to these days. […]
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Stocks making the biggest moves midday: Kohl’s, General Motors, Lockheed Martin, Medpace and more
Check out the companies making headlines in midday trading: Opendoor Technologies , Kohl’s — The two stocks have been cited on Reddit’s WallStreetBets forum and have seen some wild moves as retail traders chase meme stocks . Opendoor, an online real estate startup, surged earlier in the day, but was recently down nearly 2%. Still, […]
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Shares of department store Kohl’s surge 30% in wild trading
A Kohl’s store in Pleasant Hill, California, US, on Monday, Nov. 25, 2024. Kohl’s Corp. is expected to release earnings figures on November 26. Bloomberg | Bloomberg | Getty Images Shares of Kohl’s surged on Tuesday morning in volatile trading that echoed the meme stock rallies of recent years. The legacy department store’s stock more […]
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Levi Strauss raises sales guidance, says it will absorb some tariff costs for now
Levi Strauss raised its full-year guidance Thursday and said it’s working to absorb some of the costs it’s facing from higher tariffs, but that could change as President Donald Trump’s trade policy evolves. The denim maker doesn’t disclose its key manufacturing hubs, but much of its supply comes from Southeast Asia. Many countries in the […]
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Retailers avoided a worst case scenario in Vietnam. But executives say Trump’s trade deal could still hit consumers
The retail industry is breathing a sigh of relief after it appeared to avoid the worst case scenario on Vietnam tariffs. But some executives believe the tentative trade deal President Donald Trump announced Wednesday is still bad for business and could have a chilling effect on consumer spending. “It’s a lot better news than where […]
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5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day: 1. Market leftovers U.S. stocks will have a shortened trading day Friday after the market was closed Thursday for Thanksgiving. Equities fell entering the holiday, as some investors appeared to trim their stakes in major tech names. Still, both the […]
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Milwaukee-centered retail large Kohl’s says ‘No’ to sponsoring Republican convention activities
A Kohl’s section shop sign hangs exterior the making on March 12, 2024 in Miami, Florida. Shares of Kohl’s fell as it posted a drop in exact-store revenue in the fourth quarter. Joe Raedle | Getty Photographs Milwaukee-based mostly section retailer huge Kohl’s says it will not sponsor any events connected to the Republican Countrywide […]
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A credit card Christmas: Taking on shopping debt carries more risk this holiday season
A person walks past a Christmas lighting display in a window at Bulbs NYC lighting store near Union Square in New York City, Dec. 20, 2022. Alexi Rosenfeld | Getty Images Shoppers are springing for holiday gifts and decorations, but bustling mall traffic, full shopping bags and large hauls under the Christmas tree could hide […]
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Kohl’s holiday look previews the retailer’s plans to snap out of sales slump
At Kohl’s stores, Chief Merchant Nick Jones said shoppers will see a mix of elevated items and sharp price points. For example, the company has signs that call attention to low prices of some sweaters, but is also has added European-made glassware to its home decor. Melissa Repko | CNBC As shoppers head to Kohl’s […]
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