Published on 17 Nov 2022 on MarketWatch
Kohl’s sales slowed in late October — just like Target’s and Macy’s
It’s become a trend: Some retailers have seen a slowdown in sales of discretionary items in October that has carried over into November.
On Thursday, department-store chain Kohl’s Corp. reported that beat expectations, but the company withdrew its full-year guidance due in part to “significant” macroeconomic headwinds.