Retail Focus 1/12/18 – Positives for Kohl’s and Target; Sam’s Club Pulls Plug on 63 Locations
It begins as a podcast of positivity, with Target and Kohl’s both releasing holiday sales updates that outpace most expectations. In addition, Kohl’s looks to repurpose some square footage, Sam’s Club’s reasons for shuttering 63 stores seem suspect, and Five Below displays same-store gains. We also take a deep dive into one state’s retail real estate report, which provides several surprises and also some optimism for brick-and-mortar.
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