Kohl's tanks 26% as inflation-weary shoppers pull back to sink sales, profits nypost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nypost.com Daily Mail and Mail on Sunday newspapers.
Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending. The results, announced Tuesday, beat Wall Street expectations.