Feb
26
Kohl’s Corp., the US department store chain, is having a reasonable year so far in spite of an overall sluggish retail sector. We interviewed 30 stores across the nation and asked how business was, whether there was any excess inventory, is the weak economy and housing market jinxing business and which women’s fashion line sells best? Of the 30 respondents, five or 16.6% described business as very strong. Twelve or 40% found it above average and 13 or 43.3% found business average. Ten respondents or 33.3% reported having no excess inventory while four respondents or 13.3% reported having some, namely in winter clothing which is typically discounted in spring. The majority of those polled, 13 or 43.3%, weren’t sure whether the housing market and weak economy were effecting business but seven respondents or 23.3% saw either some impact now or potential future impact. Only ten or 33.3 % said the markets had no bearing on sales at all. Women’s apparel sales ran the gamete from Apt. 9, the dress casual line ranking as the best seller with five respondents or 16.6%. Croft & Barrow, the outerwear and sleepwear line tied with Sonoma, the lifestyle line with four respondents or 13.3% while Vera Wang, Levis and Daisy Fuentes, which makes accessories, swimwear and casual wear brought in three responses or 10%. Chaps, the career and slinky evening wear line ranked bottom with two respondents or 6.6%.
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