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Kohls

A cap on credit card fees would hurt department stores most

by Kristin Schwab
Apr 29, 2024
Charge cards have become an important piece of the bottom line for department stores, including Nordstrom, Macy’s and Kohl’s.
It's often easier to get approved for a store card than a bank-issued card, but interest rates are higher.
Michael M. Santiago/Getty Images
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As higher-income households do more shopping at Walmart, the store is stocking fancier brands

by Kristin Schwab
Mar 22, 2024
The fluorescent lit aisles of big box stores don’t scream luxury. But for certain items, consumers just don’t care.
The fluorescent lit aisles of big box stores don’t scream luxury. But for certain items, consumers just don't care.
Scott Olson/Getty Images
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Brick-and-mortar retailers try a new approach to combat losses to internet sales

by Ben Bradford
Nov 14, 2018
Have you been to a mall lately?
A Macy's sign is seen on a Macy's store at CityPlace after reports indicate that it is one of 68 stores that the company plans on closing on January 5, 2017 in West Palm Beach, Florida.
Joe Raedle/Getty Images
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Will ordering less inventory help department stores this holiday season?

by Aaron Schrank
Nov 9, 2017
The holiday season is approaching, and there are reports that department stores, including Kohl’s, Macy’s and Nordstrom are ordering less inventory. After a year of declining sales and foot traffic, these retailers don’t want piles of unsold stock eating into their profits. But are they risking empty shelves and disappointed shoppers? Click the audio player […]
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