Kohl’s Corp., stinging from a 7.9 percent drop in fourth-quarter profits, is going to mix up its approach by testing new store layouts and new merchandise categories while funneling more money to the Web and cutting back on store openings and remodelings.
Shares of Kohl’s slipped 5.9 percent to $49.11 Thursday as Target Corp., which also posted lower profits but had a more bullish outlook, saw its stock gain 2.9 percent to $54.50 and Dillard’s Inc., which posted a net gain, rose 10.8 percent to $57.83.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"