Kohl's Corporation (KSS.MX)
- Yahoo Finance
Higher oil prices, shipping disruptions create a double-edged sword for retailers
Higher freight costs and lower consumer buying power could hit retailers in the coming months.
- Business Wire
Kohl's Donates $5 Million to Alliance for a Healthier Generation to Improve Family Health & Wellness Nationwide
MENOMONEE FALLS, Wis., April 09, 2024--Kohl’s (NYSE: KSS) announced today a $5 million commitment over three years to the Alliance for a Healthier Generation (Healthier Generation), renewing the company’s support of its national nonprofit partner and further funding the Kohl’s Healthy at Home initiative. Launched in 2019, the program emphasizes health equity and works in partnership with schools and community partners to provide physical and mental well-being resources designed to help families
- Yahoo Finance Video
How discount stores are carrying the retail sector
While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like The TJX Companies (TJX) and Burlington Stores (BURL), however, have held up as consumers seek sales elsewhere under the pressure of inflation. JLL Americas President of Retail Naveen Jaggi joins Yahoo Finance Live to discuss the state of retail and the consumer, as well as the success of brands like Burlington. He discusses Burlington's recent growth and how it relates to the consumer: "Today, they're opening over 60 stores a year and they're taking 50, 60, 70,000 square feet in some places. To me, I'm watching that entire sector and saying where the US consumer is shopping, that's the sector I want to watch because that tells me where we spend our dollars has the most sustainability in the long run and today more than ever, the dollar value sector is grabbing a more lion's share of the US consumer than ever before." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
