Kohl’s Corporation: Optimizing Product Assortments To Regain Market Share & Possibly Disrupt the Market!

Kohl’s Corporation recently held its third-quarter 2024 earnings conference call, during which company executives shared updates on financial performance, strategic challenges, and future plans. The quarter’s results revealed a challenging period for Kohl’s, with net sales decreasing by 8.8% and comparable sales down 9.3%. This decline was primarily attributed to difficulties in its apparel and footwear segments, a drop in customer traffic, and inventory mismanagement, particularly within its private apparel brands.