Kohl's, a big department store, is having a tough time! Their sales are going down, and they're trying to figure out why. The new boss thinks they made some mistakes, like not having enough of their own special brands and making coupons too confusing.
- Sales are expected to drop 5% to 7% this year.
- Kohl's is bringing back some popular items and making coupons easier to use.
- People are spending less money because of rising prices.
Problem | Numbers |
---|---|
Sales decrease | 5-7% |
Comparable sales decrease this quarter | 6.5% |