© Thavorn Chaisuwannakorn


Higher inventory levels led to hundreds of millions of dollars in added costs for Kohl’s in Q2, compared to the previous year, CFO Jill Timm said on the call. The bloated costs were a result of multiple factors, including weak consumer demand and the company’s investment in adding Sephora inventory at 400 stores this year.

Much of the cost also came from the retailer’s attempt to build up its inventories after suffering from stockouts late last year. Kohl’s focused on ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.