Home heads Kohl’s sales

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.

The performance was in line with company expectations. Kohl’s reiterated its comp target for the second quarter of 4 to 5 percent, along with earnings guidance for the period of 49 cents to 52 cents per diluted share.

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.

Home & Textiles Today Staff | News & Commentary

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HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!