MENOMONEE FALLS, Wis., March 19, 2020 – Kohl’s Corporation (NYSE:KSS) today announced a business update related to COVID-19. Beginning Monday, July 20, we will require all customers to wear a face covering while shopping in our stores. Q: Will Kohl’s be adjusting its returns policy to accommodate customers who can’t visit stores? It will add to profitability and growth. Returns Many investors have left department stores for dead. Kohl’s Extends Temporary Store Closures Nationwide and Provides Business Update in Response to COVID-19 Pandemic. The health and safety of our associates and customers remains our top priority. Your order will be held until then. We are honoring local officials and adhering to the guidelines for these regions. Kohl's is here to help, and we are working hard to take care of your needs during this time. Rewards are also valid and can be used online. Kohl's said on Tuesday it's fourth quarter sales plunged 10.1% year-over-year to $6.1 billion as the retailer continued to reel from the COVID-19 pandemic. As COVID-19 cases continue to rise, face covering mandates have grown to apply to approximately 70% of our store base, therefore we’ve made the decision to take a consistent approach across our entire store fleet. Q: How quickly can I get my Store Drive Up order? Jen Johnson, (262) 703-5241, jen.johnson@kohls.com. When you arrive, park next to the curb by the Drive Up sign. Kohl's has a long-standing history of supporting nonprofits that are focused on family health and wellness, such as Alliance For A Healthier Generation, Boys & Girls Clubs of America, children's hospitals across the country and many important nonprofits in Milwaukee. Kohl’s is committed to providing accurate, timely and helpful information about our company to our investors. When the retailer released 2020 guidance last March just ahead of the pandemic, it estimated earnings per diluted share of $4.20 to $4.60 for that year. We have also installed additional safety precautions throughout the buildings, including touchless building entry so associates do not need to touch doors when they enter or leave and markers on the ground throughout the building to help associates meet social distancing guidelines. Kohl’s customers can shop on Kohls.com and opt to pick up their items at most Kohl’s stores between the hours of 11 a.m. and 7 p.m. every day. twitter ~ instagram. Kohl’s, which is based in Menomonee Falls, Wisconsin, is set to post its final fourth-quarter financial results on March 2. Q. I need to return an electronics item and your returns policy is only 30 days, how can I make my return? When you arrive, park next to the curb by the Drive Up sign. To find out which stores in your area are offering this service check Kohls.com beginning on April 2. Kohl’s Rewards and Yes2You Rewards Sales at stores opened at least a year were down 11%. Please visit the store any day between 11 a.m. - 7 p.m. local time. Kohl’s will offer this new convenience for customers who prefer to pick up their online orders at their local Kohl’s store for free and within two hours of placing their orders. Watch for an Email Analysts expected 70 cents per share, according to FactSet. We are closely monitoring the situation and will reopen as soon as it is safe to do so, based on the guidance of trusted sources such as the World Health Organization and Centers for Disease Control and Prevention. All associates working in our stores to fulfill and ship online orders and to provide Kohl’s Store Drive Up service are encouraged to practice social distancing and we are providing protective masks and gloves for their use.
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