News

Kohl’s notes a small rise in sales

It has already launched 19 new stores in H1 of 2009

diamond world news service

Kohl's has reported a small increase in its net sales in the second quarter of the current year. Net sales scaled up by 2.2 percent to $3.8 billion, while same-store sales dipped 2.3 percent. It noted a 3 percent drop in its net income to $229 million. The retail chain believes its sales in the first half of 2009 has crossed expectations. Although it did identify that consumers continue to spend cautiously.

There have been 19 new outlets of Kohl's being launched in the first six months ending August 1, 2009, and another 37 are in the pipeline for end of the year.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Van Cleef & Arpels Unveils 'Fleurs d’Hawaï' Collection at Dumfries House, Celebrating Nature and Craftsmanship

Florida Couple Discovers Rare 3.36-Carat Diamond at Arkansas’ Crater of Diamonds

Fancy Colour Diamond Prices Surge 205% Since 2005, Says Natural Diamond Council

British Luxury Brand Anayah Breaks Barriers with First Female Artisans in India

De Beers' Payments to Namibia Fall Amid Diamond Market Slump