Kohl's could be the unlikely key to Whole Foods reaching millions of new customers — and it's 'vastly negative' news for Kroger (KSS) [DailyFinance (AOL.com)]
Kohl's Corporation (KSS)
Last kohl's corporation earnings: 3/3 07:00 am
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Source: DailyFinance
Kohl's is adding Aldi to as many as 10 of its locations as the department-store chain looks to drive more traffic to its big-box stores. If Whole Foods struck a similar deal with Kohl's , it would expose the grocer to tens of millions of new customers and make it a bigger threat to companies like Kroger and Walmart, according to Barclays analysts. Kohl's has about 1,100 stores and it has already cleared out space in as many as 300 of them for other retail partners. Kohl's is adding the discount grocer Aldi to as many as 10 of its store this year in a pilot test, the company said Thursday. If Whole Foods struck a similar deal with Kohl's involving its lower-cost chain of stores, 365 by Whole Foods Market, it could expose the grocery chain to tens of millions of new customers, turning it into an unstoppable threat. A Whole Foods/Kohl's relationship would introduce new customers to the Whole Foods concept and could meaningfully increase the number of house
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KSS
News
- Kohl's Corporation: Core Business Going Strong With Opportunities In Adjacent Categories [Seeking Alpha]Seeking Alpha
- Kohl's Co. (NYSE: KSS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Kohl's (KSS) Down 8.2% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- Kohl's Donates $5 Million to Alliance for a Healthier Generation to Improve Family Health & Wellness NationwideBusiness Wire
- Kohl's Million-dollar Turnaround Man [Yahoo! Finance]Yahoo! Finance
KSS
Earnings
- 3/12/24 - Beat
KSS
Sec Filings
- 4/23/24 - Form 4
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- KSS's page on the SEC website