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Kohl's general overview
Kohl’s
in the News
Kohl's January Same-Store Sales Decline
Discount retailer Kohl's Corp. on Thursday
said January same-store sales fell 1.6 percent -- missing
analysts' estimates for a decline of 1.3 percent according
to a survey by Thomson First Call -- and said it is comfortable
with current fourth-quarter earnings estimates. Kohl's
said total sales for January rose 11.2 percent to $596.9
million.
Fourth-quarter same-store sales rose
1.3 percent, with total sales up 14.5 percent to $4.08
billion. Fiscal 2004 same-store sales rose 0.3 percent
and total sales climbed 13.8 percent to $11.7 billion.
Analysts were looking for sales of $4.1 billion in the
quarter and $11.71 billion in the year.
Kohl's said it is comfortable with the
current Thomson First Call consensus earnings estimate
of 93 cents a share.The company said it plans to open about
95 stores in fiscal 2005 with approximately 33 stores opening
during the first quarter. Kohl's shares fell 2 cents to
$47.06 in morning trading on the New York Stock Exchange. Toddler and infant department
overview
Kohl’s takes a very clean and proper approach
to mini apparel. Carter’s makes up over 1/2 of the
department visually. First Moments is the house name and
they have a wall display of pink or blue related separates
for baby. In mini girl’s, So(noma) has great knit
separates that include funky scooters and knit tops. Osh
Kosh is also on the floor with a bright coordinated grouping
and some updated denim seps. In mini boys, sets are the
big news. Value, styling and licenses come together here
with flip flops or hats as additional give aways.
Opportunities in the infant's
and toddler's department
At this time, the floor looked and felt congested
with no clear line drawn between infants and toddlers.
Also, there was a ton of racks with little room to maneuver
a shopping cart. We would like to see more fashion merchandise
for the toddler set; Evergirl and Urban pipeline already
set the pace in the bigger kids departments, why not follow
through with more of these great looks here. Coordinated
knit separates, updated denim bottoms like clamdiggers
for boys and scooters for girls would be nice here!
A look into the department:
PLEASE NOTE, ALL PRICES ARE BEFORE DISCOUNTS OF ANYWHERE
FROM 20-60% |
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