Kohl’s cuts 2022 outlook, closing mixed week for retailers

KOHL'S SLASHED its expectations for the year after sales slumped in the second quarter, sending shares down 9% at the opening bell and closing out a mixed week for retailers. MARTA LAVANDIER / ASSOCIATED PRESS
Kohl's slashed its expectations for the year after sales slumped in the second quarter, sending shares down 9% at the opening bell Thursday and closing out a mixed week for retailers. The company that owns Coach and Kate Spade, with stores in Warwick, North Kingstown, North Smithfield, Smithfield, also issued an sales outlook for the…

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