Kohl’s Corp. is going more exclusive, more online and into smaller stores.
The Menomonee Falls, Wis.-based chain boosted third-quarter profits by 19.9 percent and upped its guidance for the year, noting that 51 percent of its sales for the quarter were from private and exclusive brands, that it’s on track to hit $1 billion in online sales this year and that most of its new stores this year and next would feature a smaller format.
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