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Stock impact report

Babies R Us is coming to about 200 Kohl's stores [CNBC]

Burlington Stores, Inc. (BURL) 
Last burlington stores, inc. earnings: 3/5 06:45 am Check Earnings Report
US:NYSE Investor Relations: burlingtoninvestors.com
Company Research Source: CNBC
The retailer struck a deal with WHP Global, a brand management firm with a portfolio that includes Bonobos, Joe's Jeans and Anne Klein. The two companies did not disclose the terms of the agreement. In a news release, Kohl's said the first Babies R Us shops will open this August and expand to more stores in the fall. Kohl's said the shops will range from 750 to 2,500 square feet, and will add more brands and merchandise to Kohl's baby category. The retailer already carries baby clothes and items from brands including Graco, Carter's and Fisher-Price. With the move, Kohl's is adding another potential growth driver to its stores. It's been trying to turn around declining sales and attract more customers while led by its new CEO Tom Kingsbury, the former CEO of off-price chain Burlington Stores. Kohl's former CEO Michelle Gass left the company in late 2022 to eventually take over the top role at Levi Strauss after intense pressure from activists and a failed effort to sell to the Fr Show less Read more
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