By  on November 20, 2018

Kohl’s Corp.’s share price nose-dived after the department store chain’s full-year outlook fell short of Wall Street expectations, making investors antsy as the vital holiday shopping season kicks off.

Both retailers and investors alike had been hoping that a strong jobs market and robust consumer confidence would translate into a stellar holiday season, but weaker outlooks from departments store chains such as Nordstrom have set off jitters in the markets over profits and Kohl’s did nothing to calm their nerves.

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