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.

Key Players

Kohl's
Walmart 
Amazon
Macy's
Target
Nordstrom
JC Penney
TJX Companies

Table of Contents

Table of Contents

Executive Summary

Kohl's Corp. exposure to COVID-19

Kohl's Corp. operational responses to COVID-19

Key findings

Key conclusions

Geographic spread analysis – COVID 19 vs Kohl's Corp. Group Sales

Global & regional impact

Kohl's Corp. COVID-19 global impact score

Kohl's Corp. forecast 2020 sales performance

Kohl's Corp. exposure: brand sales by region vs regional impact levels

Company reaction

Operational change

Drive Up service

Safety measures

Appendix

Methodology

List of Figures

List of Figures

Spread of COVID-19- confirmed cases, number in treatment, recoveries and deaths.

Countries/ regions affected by COVID-19

Spread of Kohl's Corp. sales and stores in 2019

COVID-19 global impact score for Kohl's Corp. versus competitors (ppt)

Kohl's Corp. global revenue (USD bn) and y-o-y change (%) with 2020 COVID-19 forecast

Kohl's Corp. exposure: brand sales by region vs regional impact levels

$350

Can be used by individual purchaser only

$1,050

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about our multi-purchase discounts

reportstore@globaldata.com
Tel +44 (0) 20 7947 2960

Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.

Still undecided about purchasing this report?

Enquire Before Buying

Request a Free Sample

Testimonial

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods