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December 2, 2008 10:45:55 PM CST


Kohl's

Kohl's news stories

4 Stories

MARKETS

 Retail Pummels Stocks;
 Dow Off 338 

Weekly declines inflated by Friday sell-off

(Newser) - Poor earnings dragged the markets down today, as consumers’ reluctance to spend continues to hammer firms reliant on discretionary spending, MarketWatch reports. The day's losses capped weekly declines of at least 5% for all the indices. The Dow fell 337.94 to close at 8,497. The Nasdaq lost 79.85 points, settling at 1,517, while the S&P 500 shed 38.00 points to close at 873.29. More »

More about:  Dow Jones S&P 500 Nasdaq retail sales Nokia Kohl's Nordstrom Abercrombie & Fitch

Worried Retailers Call All-Out, and Earlier, Holiday Blitz

Analysts see sales beginning before Thanksgiving in sour economy

(Newser) - Holiday displays already are popping up—and they’re likely to increase in number and urgency as retailers try to spruce up what’s likely to be the worst Christmas shopping season in years, reports Advertising Age . With 5 fewer days than last year because of a late Thanksgiving, retailers are scared. “This year we'll certainly see promotions before Thanksgiving,” one analyst said. More »

 Solar Roofs Give Stores
 Moment in Sun

Increasingly, US chains turning to solar power as a way to reduce costs

(Newser) - Some of the largest US retail chains have begun to embrace solar power as a way to reduce energy costs and to wrangle some cred among green-conscious shoppers, reports the New York Times . Kohl’s, Macy’s, Safeway, and Whole Foods are among chains rushing to install test panels on their vast roofs before a federal tax credit expires at the end of the year. More »

More about:  Wal-Mart clean energy solar energy solar panel Kohl's

Wal-Mart Leads Feb. Retail Rally

Overall sales jump doubles expectations, calms consumer spending fears

(Newser) - Big retailers showed unexpected signs of life in February, beating weak sales predictions to inject some hope into the market. Wal-Mart led the way, posting a 2.6% same-store increase, beating its own predictions of flat-to-2% growth. Overall, same-store sales climbed 1.9%, with more than half of retailers beating predictions, the Wall Street Journal reports. More »

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