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Kohl’s Won’t Replace Exiting COO Dave Alves, Lowers Outlook

kohl’s-won’t-replace-exiting-coo-dave-alves,-lowers-outlook
Retail

Kohl’s Won’t Replace Exiting COO Dave Alves, Lowers Outlook

Kohl’s on Tuesday lowered the top end of its annual sales forecast and said it would be aggressive with promotions in the crucial holiday season as cost-conscious shoppers spend less at its department stores, reports Reuters. Kohl’s now expects annual sales to fall between 2.8 percent and 4 percent, against its previous projection for a 2 percent […]