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Babies R Us is coming to about 200 Kohl's stores - TL;DR CNBC

Babies R Us is coming to about 200 Kohl's stores

Publishing timestamp: 2024-03-12 10:42:55


Summary

Kohl's is teaming up with WHP Global, owner of Babies R Us, to bring baby gear and furniture to approximately 200 of its stores. The move is part of Kohl's strategy to attract more customers and drive growth. The retailer also reported its holiday-quarter earnings results, topping expectations but with a decline in net sales. Kohl's shares have fallen about 5% so far this year.


Sentiment: NEUTRAL

Tickers: BURLLEVIKSSM

Keywords: businessbreaking news: earningsbreaking news: businessburlington stores inclevi strauss & comacy's incbusiness newsretail industrykohls corp drn

Source: https://www.cnbc.com/2024/03/12/kohls-kss-q4-2023-earnings-report-babies-r-us-deal.html


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