Kohls Corp

NYSE:KSSUnited States

Kohl's Black Friday Savings Begin Today with Early Access to Deals on Top Gifts
-- Kohl's Black Friday Early Access event begins today with deep discounts on holiday gifts, decor and apparel -- Kohl's reveals Black Friday Week plans -- six days of incredible deals, limited-time doorbusters and four more days this year to earn $15 Kohl's Cash coupons for every $50 spent -- Customers can win more than $1 million in prizes with Kohl's Black Friday Sweepstakes* -- Kohl's stores will be closed on Thanksgiving Day and will open Friday, Nov. 29, at 5 a.m.** MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--November 08, 2024--

1143 ET -- Mixed economic indicators aren't dampening the National Retail Federation's holiday spending outlook. However, it's too soon to predict the effect this week's election results will have on the economy for the remainder of the year, warns Chief Economist Jack Kleinhenz. Recent mixed indicators include the economy having gained far fewer jobs than expected in October, offset by a historically low unemployment rate. GDP growth slowed sequentially. He also notes salaries and wages posted their slowest growth since late 2021 but are still ahead of inflation, which continues to cool. "Putting all these considerations together, this holiday season looks very good," Kleinhenz says. NRF backs its outlook that retail sales during the November to December holiday season will increase between 2.5% and 3.5% over 2023. (connor.hart@wsj.com)

By Jinjoo Lee

Ulta Beauty is no longer the youthful, fast-growing retailer it used to be. But maturing comes with its charms, too.

At least, that is the message the beauty retail giant should have tried to convey at its investor day on Wednesday. Though the company's management sprinkled its presentation with buzzwords like "wellness," "gen Alpha" and "skinification of hair," the ultimate message was to expect slower growth going forward. After losing about a quarter of their value so far this year, Ulta Beauty shares rose 1% following the presentation. Its shares trade at about 15 times forward earnings, 24% below their 10-year average.