Kohl's swings to surprise loss; warns on profit for year

NEW YORK (AP) — Kohl's plans to cut inventory by roughly 5% this year, be more surgical with discounts and change how it showcases its merchandise to get shoppers to buy after the department store chain reported a big loss and a sales slump in the fourth quarter.
NEW YORK (AP) — Kohl's plans to cut inventory by roughly 5% this year, be more surgical with discounts and change how it showcases its merchandise to get shoppers to buy after the department store chain reported a big loss and a sales slump in the fourth quarter.

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Kohl's Corp. swings to surprise loss, issues bleak outlook for year