Kohl's - US Supermarket Chain on Turnaround Course Thanks to Cost-Cutting Measures and Rising Customer Traffic!
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Business Driver: The US supermarket chain Kohl's (KSS) has made a name for itself with its wide range of clothing, shoes, accessories, and household goods, positioning itself primarily in the low-price segment. Thanks to collaborations with the beauty chain Sephora and new, affordable private labels, Kohl's has been able to attract more customers to its stores. Additionally, as inventory levels have been reduced recently, the margin has improved as well. On November 26, the company surprised with a very strong Q3 result. It reported an adjusted...
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