Thursday, March 5, 2020

Kohl's will discontinue eight women's brands in effort to revive apparel business

Kohl's Corp. plans to exit eight women's brands in the coming year, part of an effort to revive its struggling women's apparel business. Chief Executive Michelle Gass also said the women's department has a new leadership lineup following a restructuring that was announced last month. 

On Tuesday, Kohl's announced fourth-quarter earnings and sales that beat expectations and raised its dividend. . . . more