Kohl’s 1st-qtr results expected to show signs of stabilization, benefits from rivals’ woes

NEW YORK (AP) — reports earnings for the fiscal first quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: Department stores such as Kohl’s are facing big challenges as shoppers have retrenched sharply since the financial meltdown intensified in September, though business is starting to stabilize a bit. Still, analysts believe Kohl’s, which has developed strong exclusive brands and has been on a cost-cutting…

Full Article