COVID-19 Impact on Kohl’s Corp.
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
The Coronavirus (COVID-19) company impact report analyses how the pandemic will impact Kohl's Corp. performance.
Due to the impact of the COVID-19 pandemic, Kohl’s is forecast to record lower-than-expected earnings in H1 2020.
The retailer is enhancing its online operations and offering heavy discounts to attract customers, as shoppers who had previously considered department stores to be the go-to option for their purchases are now shopping around online and trying new alternatives
Scope
– In Q1 2020 (ending 2 May 2020), Kohl’s reported a 43.5% drop in sales to just under US$2.2 billion, down from US$3.8 billion a year earlier. The company also suffered a net income loss of US$541 million.
– The retailer’s heavy dependency on clothing & accessories will cause it to experience a significant drop in demand, with shoppers showing little or no intent to buy new items
– The company continues to serve customers 24 hours a day through its digital platforms on Kohls.com and the Kohl’s App.
Reasons to Buy
– Use our revised 2020 forecast for Kohl's to understand how it will perform this year.
– Use our charts to review how Kohl's sales are split by region globally and how these regions have been impacted by COVID-19.
– Use our in-depth analysis to review how Kohl's has responded to COVID-19 and how this will affect its performance.
Walmart
Amazon
Macy's
Target
Nordstrom
JC Penney
TJX Companies
Table of Contents
Figures
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.