Kohl's focuses on financial strengths

Milwaukee — Kohl's executives focused on the company's financial progress in the 10 years since it has become a public company at this morning's annual shareholder meeting here.

Larry Montgomery, ceo, noted that 2001 marked the sixth consecutive year of earnings growth in excess of 30 percent. After the meeting, Jack Moore, executive vp, merchandising, told HTT that the company is continuing to evaluate new brands for the home textiles department.

The Martex brand added earlier this year is performing very well, he said. "In design, construction and value, the woven top-of-bed has exceeded expectations," he said.

He also noted that the brand equation in the home textiles field is evolving, pointing out that an established family of industry brands is now going up against a growing collection of licensed brands.

"I think the traditional industry brands have more competition than ever," he said.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


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!