Home heads Kohl’s sales
June 1, 2005,
MENOMONEE FALLS , Wis. — Home and accessories were the sales leaders at Kohl’s last month, the company said late yesterday after reporting a May sales increase of 10.2 percent. Comps rose 0.2 percent.
This morning at an investor conference in New York , Larry Montgomery, chairman and CEO, said the merger of Federated Department Stores and May Co. should create greater market share opportunity since Federated has been moving its stores up and out of moderate.