The stock of Kohl’s Corporation (KSS), the operator of Kohl’s department stores, fell from $79 in early 2015 to $36 by mid-2016. For anyone who got interested in the stock as it was falling, it’s been a frustrating period. Kohl’s has had its ups and downs, but the news has been generally dismal. The stock […]
Retail
The 2-Minute Thought: The Bottom for Retail
Are we there yet? How about now? I’m talking about the bottom for retail stocks, which have suffered mightily. The S&P Retail Index is down 19% since last December, but it’s actually much worse than that. For example, teen retailer Abercrombie has been decimated, having lost three quarters of its value since its peak. And […]
