As one major retail chief executive officer, J.C. Penney Inc.’s Myron “Mike” Ullman 3rd, may be feeling less pressure, another one — Kohl’s Kevin Mansell — could be the next on the hot seat.
Kohl’s has been struggling for the last few years even as Penney’s has stumbled, and its second-quarter results, due today, will be key in signaling whether a turnaround is under way or more difficulties lie ahead. Kohl’s is expected to report earnings per share of $1.05, up from $1.00 a year ago, on revenues of $4.3 billion.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)