Citing inflationary pressure on consumers, Kohl’s lost $273 million in Q4

The impact of inflation on consumer spending continues to weigh heavily on Menomonee Falls-based Kohl’s Corp. The retailer on Wednesday reported a net loss of $273 million for the fourth quarter of fiscal 2022 and $19 million for the full year. That’s compared to earnings of $299 million for the fourth quarter of fiscal 2021 … Continue reading Citing inflationary pressure on consumers, Kohl’s lost $273 million in Q4