Welcome to our dedicated page for Kohls news (Ticker: KSS), a resource for investors and traders seeking the latest updates and insights on Kohls stock.
Kohl's Corporation (KSS) provides investors and stakeholders with essential updates through this centralized news hub. Track official press releases, financial announcements, and strategic developments from the department store leader known for affordable fashion, home goods, and community-focused retail initiatives.
This resource delivers timely updates on earnings reports, leadership changes, store expansions, and digital commerce advancements. Users will find analysis of Kohl's omnichannel strategies, private-label innovations, and partnerships that shape its position in competitive retail markets.
Discover coverage of Kohl's community programs like Kohl's Cares alongside operational updates impacting long-term growth. Content is organized for efficient navigation, with clear sourcing and contextual explanations of retail-specific terminology.
Bookmark this page for streamlined access to Kohl's corporate communications and market-moving developments. Combine regular visits with Stock Titan's financial tools to monitor KSS performance against industry trends.
On August 9, 2022, Kohl's Corporation (NYSE: KSS) announced a quarterly dividend of $0.50 per share. This dividend will be payable on September 21, 2022, to shareholders on record by September 7, 2022. Kohl's continues to position itself as a leading omnichannel retailer, operating over 1,100 stores across 49 states and providing online shopping through Kohls.com.
Kohl's (NYSE: KSS) has launched a new Self-Pickup service for eligible online orders at over 1,100 stores across the U.S., enhancing the holiday shopping experience. Customers can pick up their orders within two hours without waiting in line. The service is part of Kohl’s commitment to improving omnichannel convenience, supported by positive feedback during its testing phase. This convenience aligns with the company's aim to use technology to streamline shopping and improve customer satisfaction.
Kohl’s (NYSE: KSS) has announced a partnership with Buffalo David Bitton, offering premium denim styles for men and women, available in over 600 stores and online at Kohls.com through January 2023. This addition aligns with Kohl’s strategy to enhance its denim portfolio, which already includes brands like Levi’s and Sonoma. Buffalo David Bitton, marking its 50th anniversary, emphasizes quality and style in its denim offerings. The collaboration aims to provide customers with versatile clothing options that suit their casual lifestyle, enhancing Kohl's brand assortment.
Kohl's (NYSE: KSS) has partnered with Levi's (NYSE: LEVI) to relaunch the iconic SilverTab collection, originally popular in the '90s. Available exclusively at Kohl's and online, the collection features relaxed and baggy denim for the whole family, aiming to enhance Kohl's reputation as a denim destination. The revival includes popular styles such as loose jeans and oversized jackets, targeting customers during the back-to-school season. This collaboration highlights Kohl's strategy of modernizing its offerings with premium styles to meet evolving consumer preferences.
Kohl's (NYSE: KSS) announced the expansion of its in-house retail media agency, Kohl’s Media Network (KMN), aimed at enhancing advertising opportunities for brands and partners. Leveraging its significant omnichannel presence and consumer data, KMN seeks to connect advertisers with Kohl’s engaged customer base of over 65 million. The network offers various media services, including on-site and off-site advertising options. Notable partners like adidas and Levi’s are already benefiting from KMN. The initiative aims to boost revenue streams and improve marketing effectiveness for all involved.
Kohl’s has reaffirmed its commitment to the Milwaukee community by renewing partnerships with eight local nonprofits, pledging over $2 million in support of initiatives aimed at improving quality of life for BIPOC communities. This funding contributes to the company's goal of donating $20 million by 2025. The partnerships include organizations like Acts Housing, Boys & Girls Club of Greater Milwaukee, and Milwaukee Art Museum, focusing on various programs from housing to education and health services.
Kohl's (NYSE: KSS) has launched 'Discover @ Kohl’s', a new initiative that introduces over 30 diverse and women-owned brands this back-to-school season. This program aims to create an engaging shopping experience across 600 locations and online, focusing on inclusivity and seasonal relevance. Customers can enjoy value with Kohl’s Cash, Kohl's Rewards, and a curated selection of products from brands like Ivory Ella and Yoobi, known for their charitable missions. The store emphasizes gender-neutral collections and partnerships, enhancing its commitment to diversity and community impact.
Kohl's Corporation (KSS) concluded its strategic review process, deciding not to pursue a proposal from Franchise Group (FRG) due to unfavourable market conditions. The company remains financially strong, reaffirming a $500 million accelerated share repurchase program. However, Q2 sales are expected to decline by high-single digits, a significant drop from earlier estimates. The Board is exploring further opportunities to enhance shareholder value, including potential monetization of its real estate portfolio and expanding partnerships like Sephora, which aims for $2 billion in annual sales by 2025.
Kohl’s Corporation (NYSE: KSS) has entered exclusive negotiations with Franchise Group, Inc. regarding a proposed acquisition at
Macellum Advisors, owning nearly 5% of Kohl's shares, criticized the company's recent performance compared to peers like Dillard's and Macy’s. They attribute Kohl's struggles to poor management and ineffective strategies, which have led to disappointing results. Macellum believes that Kohl's has substantial potential if led by a more capable team. They also indicated interest from buyers for Kohl's at a premium price, urging shareholders to pressure the Board to accept any strong offers and to focus on preserving capital during this process.
