With Saks' bankruptcy, Macy's has some wind at its sails [CNN]
Kohl's Corporation (KSS)
Last kohl's corporation earnings: 3/3 07:00 am
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Source: CNN
At a glance, the luxury retail market looks bleak. It's a bit like the meme of the Grim Reaper and his bloody scythe knocking on door after door. Death came for Barneys, for Lord & Taylor, for Neiman Marcus (twice) and, finally, for Saks Global, which filed for bankruptcy protection late Tuesday. Surely, it's only a matter of time before it knocks on Macy's door? Maybe. There is another way this transitional phase in retail could play out — one in which Macy's and its higher-end subsidiary, Bloomingdale's, manage to continue defying the doom forecasters by focusing on — don't laugh! —fundamentals. It turns out that focusing on running a good business might be the thing that customers like. With Saks sidelined, its biggest rival, Bloomingdale's, has room to run. Over the past year, as Saks reportedly struggled to pay vendors , Bloomingdale's has already captured some of its competitor's business. Bloomingdale's is well-positioned to keep that up as Saks wends its way through
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News
- With Saks' bankruptcy, Macy's has some wind at its sails [CNN]CNN
- With Saks' bankruptcy, Macy's has some wind at its sails [Yahoo! Finance]Yahoo! Finance
- Kohl's (NYSE:KSS) was given a new $22.00 price target on by analysts at Jefferies Financial Group Inc..MarketBeat
- Best Value Stocks to Buy for Jan.12 [Yahoo! Finance]Yahoo! Finance
- Kohl's: Deteriorating Fundamentals Call For A Downgrade [Seeking Alpha]Seeking Alpha
KSS
Earnings
- 11/25/25 - Beat
KSS
Sec Filings
- 12/29/25 - Form 4
- 12/29/25 - Form 4
- 12/29/25 - Form 4
- KSS's page on the SEC website