Kohl’s is just making less than they expected. They are still doing very well, but now their corporate people are looking to suck on the gov’t teat when they build their new headquarters building. They are looking for $40-100 million in subsidies.
I’m not surprised Kohl’s earning are down. I used to love shopping there. Yet over the holidays, even with Kohl’s cash and 30% off coupons, I walked out feeling like I had been soaked. I don’t know what happened to their pricing.....