Kohl's Corp forecast full-year profit above Wall Street estimates on Tuesda...
- Kohl’s Corp forecast full-year profit above Wall Street estimates on Tuesday, as partnerships with Amazon and a range of new brands attract more shoppers.
Kohl’s has been investing in several new partnerships to bring in more shoppers. It signed a deal with Amazon to display its Echo dot speakers and Kindle e-readers in its stores, while it partnered with millennial-focused Popsugar to launch a new line of clothes. For the three months ended Feb. 2, Kohl’s sales at stores open for more than a year rose 1 percent, above the 0.3 percent Wall Street had expected.
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