Kohl’s (NYSE:KSS) releases earnings soon. Ponder this Bear Case Scenario:
Discounters and mid-tier stores are investing in private labels. Kohl’s offerings of no private labels may start to look tired.
Much of Kohl’s winning formula has been copied by competitors. Kohl needs to come up with some more secret sauce.
Kohl’s has expanded at a furious pace. Some believe they are about to cannibalize sales from other stores. Same concern about e-commerce is prevalent. Will the internet enhance sales or cannibalize a Kohls customer.
George Gutowski writes from a caveat emptor perspective.