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Kohl's Corp

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  • May 19- A federal judge certified a class-action lawsuit that accuses J.C. Penney Company Inc of marking up retail prices on apparel and accessories to trick shoppers into believing they were getting big discounts when the items were advertised on sale. District Judge Fernando Olguin in Los Angeles said it was possible "in one stroke" to determine whether J.C....

  • May 19- Wal-Mart Stores Inc on Tuesday joined the list of U.S. retailers reporting disappointing quarterly results, saying consumers' pocketing tax refunds and savings from cheaper gasoline had dented its sales growth. The results illustrate the obstacles facing Chief Executive Officer Doug McMillon, who took the job 15 months ago. Wal-Mart said sales at...

  • May 19- A federal judge has certified a class-action lawsuit that accuses J C Penney Co Inc of marking up retail prices on apparel and accessories to trick shoppers into believing they were getting good deals when the items went on sale. District Judge Fernando Olguin in Los Angeles said it was possible "in one stroke" to determine whether J C Penney's advertising...

  • May 19- Wal-Mart Stores Inc on Tuesday became the latest U.S. retailer to report weaker-than-expected quarterly sales, saying consumers were pocketing tax refunds and savings from cheaper gasoline rather than buying unnecessary items. Wal-Mart said sales at stores open more than a year increased by 1.1 percent in the 13 weeks ended on May 1 from a year earlier.

  • Kohl's same-store sales nipped by cold February Thursday, 14 May 2015 | 9:25 AM ET
    People approaching Kohl's department store in Mount Kisco, New York.

    Department store operator Kohl's quarterly same-store sales were hurt by colder-than-usual weather in February.

  • May 14- Department store operator Kohl's Corp reported quarterly same-store sales that missed analysts' expectation, hurt by colder-than-usual weather in February. Shares of the company, which also reported lower-than-expected revenue, fell 11 percent to $66.25 in premarket trading on Thursday. The stock's multiple is likely to reset lower until the...

  • Early movers: AAPL, KMX, CROX, PLCE & more Thursday, 14 May 2015 | 8:39 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Futures hold gains amid weekly claims, PPI Thursday, 14 May 2015 | 8:30 AM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a higher open on Thursday, with investors eyeing weekly jobless claims data for direction.

  • May 14- Department store operator Kohl's Corp reported quarterly same-store sales that missed analysts' expectation, hurt by colder-than-usual weather in February. Rival Macy's Inc said on Wednesday that first-quarter profit and sales were hurt by fewer customer visits due to unusually cold weather in February. Kohl's net income rose to $127 million, or 63...

  • May 14- Department store operator Kohl's Corp reported lower-than-expected quarterly same-store sales, hurt by colder-than-usual weather in February. The company's shares fell 4.7 percent to $71 in premarket trading on Thursday. The company's net income rose to $127 million, or 63 cents per share, from $125 million, or 60 cents per share, a year earlier.

  • Stock breakout? Investors watch data for support Thursday, 14 May 2015 | 5:59 AM ET
    Recruiters speak with job seekers during a career fair at the San Francisco State University in San Francisco.

    With stocks and bonds holding in a range, investors could find some directional support from Thursday's weekly jobless claims.

  • Jobs or inflation? The data traders want to see most Wednesday, 13 May 2015 | 6:50 PM ET
    Recruiters speak with job seekers during a career fair at the San Francisco State University in San Francisco.

    With stocks and bonds holding in a range, investors could find some directional support from Thursday's weekly jobless claims.

  • Is Macy's run over? Why the retailer is falling short Wednesday, 13 May 2015 | 2:19 PM ET
    People enter to Macy's store at the Newport Mall in Jersey City, N.J.

    Macy's has fallen short on earnings expectations three of the last eight quarters, according to Retail Metrics.

  • April retail sales spell bad news for Q2 GDP Wednesday, 13 May 2015 | 10:38 AM ET
    A shopper leaves a Banana Republic store in New York.

    What happened to retail? It looks sluggish, despite a lot of noise.

  • Traders look to retailers to move markets to highs Monday, 11 May 2015 | 10:21 AM ET
    A Gap store in New York.

    Consumers seem to be spending money on cars, student loans, electronics and dining, but not on retail in general.

  • Stocks could rally this week Monday, 11 May 2015 | 5:58 AM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks could march into record territory in the week ahead—unless the economy starts to look too strong, or then again, too weak.

  • Stocks could rally this week Monday, 11 May 2015 | 4:37 AM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks could march into record territory in the week ahead—unless the economy starts to look too strong, or then again, too weak.

  • *Microsoft jumps on news it's not pursuing Salesforce. May 8- U.S. stock indexes ended more than 1 percent higher on Friday after strong jobs data indicated U.S. economic growth was picking up momentum, but not enough to raise concerns about an earlier-than-expected interest-rate rise by the Federal Reserve. Couldn't have been better, "said Jack Ablin, chief...

  • *Microsoft jumps on news it's not pursuing Salesforce. May 8- U.S. stock indexes jumped more than 1 percent on Friday as strong jobs data indicated the U.S. economic growth was picking up momentum, but not enough to raise concerns about an earlier-than-expected interest-rate rise by the Federal Reserve. "Right now, the market's been pricing for December and the...

  • Wal-Mart, Target Corp, T.J. Maxx, Gap, and McDonald's Corp have already announced wage increases, and the trend appears to be trickling further into the retail and restaurant sectors. So far in this reporting season, companies such as Bed Bath& Beyond Inc and Buffalo Wild Wings Inc have discussed wage pressure, while Pier 1 Imports Inc plans incentive pay for the...