As the holiday season approaches, Kohl’s Corporation (KSS) is ramping up its efforts to attract shoppers and provide a seamless and convenient shopping experience. The leading omnichannel retailer is launching its Deal Dash event, a three-day sale event starting on October 9, available at over 1,100 Kohl’s stores and online on Kohls.com.
Great Deals Across Multiple Categories
During the Deal Dash event, shoppers can take advantage of incredible deals on various products including kitchen appliances, toys, decor, and luggage, among others. Kohl’s will offer discounts on well-known national brands as well as exclusive products only available at Kohl’s.
Additional Savings and Rewards
Kohl’s Rewards members can enjoy extra savings and benefits during the holiday season. Registered members earn 5% Kohl’s Rewards on every purchase and receive personalized deals and perks throughout the year. In addition, Kohl’s Card shoppers can save an additional 15%, 20%, or 30% off during the three-day event.
Enhanced Shopping Convenience
Kohl’s is committed to enhancing the shopping experience with easy and convenient options. Shoppers can choose self-pick up at any Kohl’s store or take advantage of free shipping with no minimum purchase value on Kohls.com.
2023 Priorities and Strategic Partnerships
Kohl’s is focused on achieving its key priorities for 2023, which include improving customer experience, simplifying value strategies, managing inventory and expenses efficiently, and strengthening its balance sheet. The company has also formed a successful partnership with Sephora to enhance its beauty offerings. Kohl’s is expanding its store portfolio and accelerating its digital business growth. Moreover, the company is committed to driving growth through loyalty programs such as Kohl’s Cash, Kohl’s Rewards, and private-label credit cards.
Challenges and Stock Performance
While Kohl’s faces challenges such as product cost inflation and increased SG&A expenses, the company’s wide range of products and attractive deals make it a top destination for holiday shopping. However, Kohl’s stock has declined 26.1% year-to-date compared to the industry’s 25.1% decline.
In addition to Kohl’s, there are three other top-ranked stocks worth considering:
Dillard’s, Inc. (DDS)
Dillard’s is a department store retailer with a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter negative earnings surprise, but the consensus estimate for current financial-year sales and EPS suggests a decline compared to the previous year.
Ross Stores (ROST)
Ross Stores, an off-price retailer, also has a Zacks Rank #1. The company has consistently beaten earnings estimates in the past. The consensus estimate for current financial-year sales and EPS suggests growth compared to the previous year.
Build-A-Bear Workshop, Inc. (BBW)
Build-A-Bear Workshop, a multi-channel retailer of plush animals and related products, has a strong earnings surprise history and a Zacks Rank #1. The consensus estimate for current financial-year sales and EPS indicates growth compared to the previous year.
These stocks offer investment opportunities in the retail sector.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.