Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Kohl's is on a bit of a health kick.
The retailer announced plans Tuesday to team with WW — the newly rebranded Weight Watchers International — to test a series of wellness initiatives. The plans included a WW studio in a Kohl's store in Chicago.
The tie-up is another way Kohl's hopes to differentiate itself from its peers that are struggling to keep shoppers coming to their stores rather than shop online. Department store chains Macy's and J.C. Penney have already started 2019 on a sour note, reporting disappointing holiday sales. The bankruptcies of Sears and Bon-Ton are also hanging over the industry.
Kohl's, though, isn't afraid to make some bolder bets — with the goal of generating excitement around shopping at its stores. The company signed a deal in 2017 with Amazon in which it's been accepting Amazon returns and selling some of the e-commerce giant's Alexa-enabled devices at some of its stores. It's also been looking for new uses to take up space at some of its bigger stores and has started to divide certain locations for tenants like Aldi to move next door. It has also hinted at working with fitness gyms.
"As a destination for active and wellness for the entire family, we continue to seek out new ideas that support our customers' health goals," Kohl's CEO Michelle Gass said Tuesday in a statement.
In working with WW, Kohl's this year will test an 1,800-square-foot "community space" in a store in Chicago. The company said it will host WW workshops there for local WW members, in addition to allowing Kohl's employees and customers to use the area.
"We know the Kohl's customer is also our customer," WW CEO Mindy Grossman said about the collaboration.
In another alliance, Kohl's will start selling certain WW kitchen products in stores and online in June. The retailer also said Tuesday its employees will receive access to subsidized WW memberships.
Neither Gass nor Grossman wouldn't comment on the possibility of more WW studios coming to other Kohl's stores.
Kohl's has already been trying to establish itself as a destination for health and wellness gear. Last year, it started devoting more square footage in some stores for athletic apparel, saying that was helping lift sales. During its latest reported quarter, it said some of its top-selling brands included Under Armour and Nike. It also said FitBit devices were popular during the holidays.
Kohl's reports fourth-quarter and full-year earnings on March 5. Its shares are up just about 4.5 percent this year, less than the S&P 500 Retail ETF XRT's 5.5 percent rise.
WW, meanwhile, is set to report quarterly earnings on Feb. 26. The company known for its weight management programs has weathered threats over the decades from the likes of Jenny Craig, Nutrisystem and fad diets like Atkins. More recently, it's faced pressure from free apps like MyFitnessPal. Following its recent rebranding, though, WW is now trying to become more of a lifestyle platform.