A retail store’s bad earnings are our good fortune!
Retail chain Kohl's had a rough first quarter, financially, so they are opting to cut prices. The company's comparable store sales were the worst in three years and now executives are looking to protect their market share. In other words, they don’t want to end up like Dress Barn.
Along with lower prices, the retailer is adding more promotions, but be warned, the adjustments will be “surgical.” In other words, you may not notice them without looking carefully.