Retail News

Kohl’s post higher profits on lower sales

Milwaukee Journal Sentinel 05/11/2017

Kohl’s total sales fell 3.2 percent year-over-year in the first quarter while its same-store number declined 2.7 percent. On the positive side, the retailer’s cost-cutting efforts saved $33 million. The company posted a profit of $66 million in the quarter versus $17 million for the same period in 2016.

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