CollectionsKohl
IN THE NEWS

Kohl

FEATURED ARTICLES
BUSINESS
February 6, 2016 | By Lindsey Rupp, BLOOMBERG
Kohl's Corp. suffered its biggest stock decline in more than two decades after slow fourth-quarter sales weighed on earnings, renewing concerns that the department-store industry is mired in a slump. Same-store sales - a key benchmark for retailers - rose just 0.4 percent in the period, Kohl's said in a preliminary earnings report Thursday. That missed the 0.8 percent projected by Retail Metrics. The company now expects annual profits of $3.95 to $4 a share, excluding some items, far short of the $4.30 estimated by analysts.
BUSINESS
March 25, 1997 | by Rose DeWolf, Daily News Staff Writer
Kohl's, a powerhouse retailer from the Midwest, will make its Philadelphia debut April 18 by opening 10 stores at once - nine of them at former Clover locations. One will be in Philadelphia: Kohl's will open in the former Clover at the Andorra Shopping Center on Henry Avenue. "We can't wait for it to open," commented Bob Waterman, clerk at the Andorra Ace Hardware store. Business at Andorra has dropped since Clover - which had been the center's anchor - closed last fall, he said.
NEWS
February 8, 1990 | From Inquirer Wire Services
West German Chancellor Helmut Kohl and his foreign minister will travel to Moscow on Saturday in a surprise visit amid growing talk of German reunification, Soviet Foreign Minister Eduard A. Shevardnadze said yesterday. Shevardnadze announced the visit by Kohl and Foreign Minister Hans-Dietrich Genscher while speaking to reporters at the start of meetings between Soviet officials and Secretary of State James A. Baker 3d, who arrived earlier in the day. "This is a very important process," Shevardnadze said of the visit by the Germans.
NEWS
March 19, 1990 | By Mike Leary, Inquirer Staff Writer
The elfin Communist Party leader Gregor Gysi always got a chuckle on the campaign trail when he described to voters what would happen if he shared a platform with West German Chancellor Helmut Kohl, who is the size of an NFL tackle. "You wouldn't see much of me," proclaimed Gysi, "and you wouldn't hear much from him. " Gysi is only the latest politician to underestimate Kohl, who got the last laugh last night when the Alliance for Germany scored a stunning victory in East Germany's first free election.
NEWS
December 19, 1989 | Daily News Wire Services
West German Chancellor Helmut Kohl made his first official visit to East Germany today and was cheered by East Germans who shouted, "Helmut, Helmut" and hoisted banners in support of reunification. Chants of "Germany, United Fatherland" rose from the crowd of at least 5,000 along the route traveled by Kohl's motorcade of black Mercedes limousines to the site of his first talks with Communist Premier Hans Modrow in this southeastern city. West German flags and banners calling for German unity formed a sea of red, black and gold.
NEWS
March 7, 1990 | Daily News Wire Services
West German Chancellor Helmut Kohl, facing a possible government crisis and an international storm of controversy, backed down yesterday and agreed to respect Germany's postwar borders with Poland. After a 3 1/2-hour crisis meeting with his coalition allies, the Free Democrats, Kohl agreed that a motion would be submitted to parliament tomorrow calling for a treaty between a reunified Germany and Poland on the border issue. The treaty will formally recognize a border change that handed a sizable portion of German territory east of the Oder and Neisse Rivers to Poland in 1945.
BUSINESS
April 13, 1997 | By Jane M. Von Bergen, INQUIRER STAFF WRITER
Today, with little fanfare, Kohl's plunges into the roiling waters of Philadelphia's evolving retailing market - opening 10 stores and adding 860,000 square feet of selling space in one day. Except for one new store in Oxford Valley, all nine Kohl's replace the former Clover discount stores and are part of a churning in the Philadelphia area that has added millions of square feet of retailing real estate in the last few years. "There's retail turmoil in the entire Philadelphia market," said Peter Goimarac, district manager of the area's 14 J.C. Penney stores.
NEWS
April 15, 1998 | By Lisa Shafer, INQUIRER CORRESPONDENT
A mostly vacant shopping plaza, where for years truck drivers have pulled in for a snooze, has been given permission to wake up. When the strip of stores on Street and Knights Roads does stir again, developers promise, it will be more beautiful and energetic than before. On Monday, the Bensalem Township Council unanimously approved plans by Vornado Realty Trust of Saddlebrook, N.J., to tear down a boarded Bradlee's department store, a closed Shop Rite market and other vacant shops to make way for a Kohl's department store, a yet-to-be-secured supermarket-chain tenant, and possibly two other businesses.
BUSINESS
March 17, 1997 | By Jane M. Von Bergen, INQUIRER STAFF WRITER
For 11 years, Joyce Flowers, of Whitpain Township, put in her time at a nearby Best Products store. When financial problems struck the company last year, she stuck around during the liquidation sales. "I was one of the last people out of the door," Flowers said. So when it came time for her to sign on with Kohl's, the department-store chain scheduled to open 10 stores in the region on April 18, Flowers, an auditor, did a little checking of her own. "They're on very sound financial footing," she said.
BUSINESS
March 7, 2016
They're the switch hitters of retail - players with a growing presence on the other side of the selling field. Online juggernaut Amazon.com opened its first brick-and-mortar store in November in Seattle. Around the same time, retail heavyweight Macy's announced it was shutting nearly 40 stores this year to beef up its online presence. Same with Sears, JC Penney, and the Gap - all closing stores. Kohl's announced on Feb. 25 that it was closing 18 stores nationwide - with locations to be announced by the end of this month.
1 | 2 | 3 | 4 | 5 | Next »
ARTICLES BY DATE
BUSINESS
March 7, 2016
They're the switch hitters of retail - players with a growing presence on the other side of the selling field. Online juggernaut Amazon.com opened its first brick-and-mortar store in November in Seattle. Around the same time, retail heavyweight Macy's announced it was shutting nearly 40 stores this year to beef up its online presence. Same with Sears, JC Penney, and the Gap - all closing stores. Kohl's announced on Feb. 25 that it was closing 18 stores nationwide - with locations to be announced by the end of this month.
BUSINESS
February 6, 2016 | By Lindsey Rupp, BLOOMBERG
Kohl's Corp. suffered its biggest stock decline in more than two decades after slow fourth-quarter sales weighed on earnings, renewing concerns that the department-store industry is mired in a slump. Same-store sales - a key benchmark for retailers - rose just 0.4 percent in the period, Kohl's said in a preliminary earnings report Thursday. That missed the 0.8 percent projected by Retail Metrics. The company now expects annual profits of $3.95 to $4 a share, excluding some items, far short of the $4.30 estimated by analysts.
NEWS
January 26, 2016 | By Suzette Parmley, Staff Writer
First, it's too warm to buy a new winter coat. Then, just when you need one, a powerful storm forces the stores to close. While many began the exhaustive task of digging themselves and their vehicles out, others stayed indoors, hoping the sun would do much of the work. As a result, the region's malls, restaurants, and bars reopened for business, but their customers didn't return in droves. Wendy Silverwood, 55, of East Goshen, Chester County, was among those who stayed home Sunday.
NEWS
January 25, 2014 | By Julie Xie, Inquirer Staff Writer
Logan Milleman bounced down a hallway of Wills Eye Hospital on Wednesday, showing off his new ID badge: Master Logan, Commander in Chief. He was in good spirits. His right eye has been cancer-free for almost five years. The 6-year-old's parents, Robert and Jeri Milleman, trailed behind him with three large Kohl's bags filled with stuffed-animal toys they had brought for the children in the hospital. He has come a long way. In 2009, Logan's right eye was diagnosed with retinoblastoma, a rare pediatric cancer that is blinding and life-threatening.
BUSINESS
December 12, 2013 | By Maria Panaritis, Inquirer Staff Writer
Sunday dumped a snowfall no one was expecting. Tuesday brought a batch everyone knew was coming. But both bursts had the same effect: draining dollars out of the one sector for which every day between Thanksgiving and Christmas is a big deal - retailing. The snowstorms emptied shopping centers and malls on two days of an already shortened 26-day shopping season, thanks to this year's unusually late Thanksgiving. The one-two punch meant stores in one of the nation's most populated metro areas cut staff hours, extended sales in some cases, or redeployed idle workers to stock shelves during the lull, while snowplows cleared lots so shoppers might eventually rush back to play catchup.
BUSINESS
November 22, 2013 | By Maria Panaritis, Inquirer Columnist
They were next to each other for only a few moments in the Annenberg Center for the Performing Arts before retired Kohl's department store maestro Jay H. Baker ribbed Macy's chairman and chief executive, Terry Lundgren. "Will you stop killing everybody?" Baker asked Lundgren, whose command of Macy's through the rough economy has turned him into a retail rock star as competitors vie to keep pace with his profitably growing $28 billion corporation. "Give everybody a break!" Lundgren smiled widely as he and the former Kohl's president, kindred spirits in trying to boost student interest in retail careers, warmed up for a night of schmoozing and celebration.
BUSINESS
September 25, 2013 | By Joseph N. DiStefano, Inquirer Staff Writer
BET Investments, the real estate investment group owned by Toll Bros. cofounder Bruce E. Toll, plans "a walkable mixed-use project" at what is now Granite Run Mall after the firm's successful bid of $24 million for the shopping center near Media. "We are very excited about the deal and its possibilities," said Michael Markman, president of BET Investments, in Horsham. New York-based Rockwood Realty Advisors conducted the sale. Banks represented by CW Capital Management foreclosed on Granite Run in 2011 after national mall owner Simon Property Group and partner Macerich Co. stopped paying interest on $115 million they had borrowed to buy the place, figuring it wasn't worth that much anymore.
NEWS
August 5, 2013 | By Bonnie L. Cook, Inquirer Staff Writer
Benjamin H. Kohl, 59, of Philadelphia, a Temple University professor and a leading expert on Bolivia, died Thursday, July 25, of heart failure at his home. Born in Oakland, Calif., Dr. Kohl grew up in St. Louis. He lived in the Spring Garden section of Philadelphia, and before that in West Philadelphia and Mount Airy. Dr. Kohl earned a bachelor's degree in anthropology from San Francisco State University in 1986, a master's in engineering and technology at Washington University in St. Louis in 1992, and a doctorate in city and regional planning from Cornell University in 1999.
NEWS
July 5, 2013 | By Elizabeth Wellington, Inquirer Fashion Writer
Red, white, and blue, whether worn monochromatically or all together, are the shades of high fashion this summer. These positively patriotic primaries are preppy on Ralph Lauren polos (did you check out the U.S. Open merch tent?), rough-and-tumble Americana on Harley Davidson T's, and exotic on Mondrian prints. Couple our penchant for stylish stars and stripes with a rising sense of American fashion pride and - bang - we're saturated in Independence Day deals popping in our national colors.
1 | 2 | 3 | 4 | 5 | Next »
|
|
|
|
|