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(Marketwatch)   Kohl's 3Q earnings fall 18% despite advertising discounts off fictitious regular prices   (marketwatch.com) divider line 27
    More: Fail, Kohl, department store chain, account of profits, total sales  
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503 clicks; posted to Business » on 15 Nov 2013 at 9:26 AM (40 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-11-15 09:47:43 AM
I've found Kohl's to consistently be the most expensive "discount" store.  Snow boots for my 8-year old were $34 there and $20 at Target just one door down the strip mall; I don't know why I keep going in there, as I never actually buy anything.  I guess hope (and stupidity) springs eternal.
 
2013-11-15 10:07:22 AM

Wireless Joe: I've found Kohl's to consistently be the most expensive "discount" store.  Snow boots for my 8-year old were $34 there and $20 at Target just one door down the strip mall; I don't know why I keep going in there, as I never actually buy anything.  I guess hope (and stupidity) springs eternal.


You're not supposed to pay sticker prices for stuff at Kohls. Wait for your weekly "coupon" from Kohls that makes them only slightly more expensive that the discount stores.
 
2013-11-15 10:16:27 AM
I expected to see a reference in TFA to JC Penney's reversal from the low-prices-everyday model back to the 50% off for three days only model that Kohl's also uses. They reference Macy's, but not JCP.

Anyway, I don't go into Kohl's any more, 'cause they suck.
 
2013-11-15 10:46:55 AM

Wireless Joe: I've found Kohl's to consistently be the most expensive "discount" store.  Snow boots for my 8-year old were $34 there and $20 at Target just one door down the strip mall; I don't know why I keep going in there, as I never actually buy anything.  I guess hope (and stupidity) springs eternal.


Their men's pants seem competitive.  I always seem to be able to get a decent pair for ~$20 after discounts.
 
2013-11-15 10:47:55 AM
Cheap "dress" shirts for work. Once hit the jackpot on the clearance rack, 6 shirts for under $50.
 
2013-11-15 11:01:07 AM

bsharitt: Wireless Joe: I've found Kohl's to consistently be the most expensive "discount" store.  Snow boots for my 8-year old were $34 there and $20 at Target just one door down the strip mall; I don't know why I keep going in there, as I never actually buy anything.  I guess hope (and stupidity) springs eternal.

You're not supposed to pay sticker prices for stuff at Kohls. Wait for your weekly "coupon" from Kohls that makes them only slightly more expensive that the discount stores.


So they run on the Bed, Bath,&Beyond model?

/I would like to purchase some 'beyond'.
 
2013-11-15 11:13:42 AM
Ah, Kohl's.. the Lechmere of the new millennium.
 
2013-11-15 11:19:37 AM

bsharitt: Wireless Joe: I've found Kohl's to consistently be the most expensive "discount" store.  Snow boots for my 8-year old were $34 there and $20 at Target just one door down the strip mall; I don't know why I keep going in there, as I never actually buy anything.  I guess hope (and stupidity) springs eternal.

You're not supposed to pay sticker prices for stuff at Kohls. Wait for your weekly "coupon" from Kohls that makes them only slightly more expensive that the discount stores.


If got one if those 30% off coupons he would save over $10!

Take that Target!
 
2013-11-15 11:58:24 AM
Why all the hate on Kohls?  I always seem to get good deals there.
 
2013-11-15 12:04:22 PM
I live in the home town of Kohl's and have always had good luck getting what I need there for good prices. Yes, we use the coupons and the $10 cash-back vouchers.

Except for lately.  My son outgrew the store.  6'5" with size 16 feet. The only things we can find there are shirts/sweatshirts/sweaters.  Pants and shoes have to be online, and even then the pickings are slim.
 
2013-11-15 12:42:10 PM
I've found that Kohls is a bit like shopping at Costco. You need to have a sense of what things cost. There are some very good deals to be had, and there are some not so good deals to be had.

/Saw a winter hat for $30 at Kohls, walked across the parking lot and picked one up at Target for $5.
 
2013-11-15 12:43:19 PM
I only shop Kohl's when they send me a 30% off coupon (or better, like when they offer Kohl's cash as well). I think most people are onto them now and are just holding out until they get a high value coupon.

\Close friends bought me an expensive Cuisinart coffee maker at Kohl's last xmas...and they didn't use a coupon..I wanted to scream! (they know I'm 'frugal', and neither had a lot of money to spend themselves.)
\CSB
 
2013-11-15 01:22:13 PM
I worked at a Kohl's once on Christmas break from college (we got a little over a month off). Best job I have ever had. If I could make a living working in their home store department or the kid's department, I would retire there.

But that said, yes, it's just a coupon "scam." You wait until you get 30% off, get $10 for every $50 you purchase, and double it up on a cardholder then. For all of that strategy, you're still probably just averaging out the Kohl's receipt down to what you would have spent at Target. Kohl's is just a big psychological experiment.

If you really want to save at Kohl's, the trick is to return things to the store. Such as things they don't sell. I saw it happen all the time. Vacuum cleaner from the 1970's, from a company Kohl's has never carried, a company that no longer exists? Store credit!

Get to the front of the line and dispute a price? The cashier will probably believe you. "The sign said $10.99, not $19.99." No problem. I've seen that happen, too.
 
2013-11-15 01:56:01 PM
The man loves Kohl's. Has a card, does his Winter and Summer clothes shopping there, so we get pretty good "MVC" deals. Our trick is to do the coupons & sales, and if there's the one item you want but it's not on sale, get it the following week with the Kohl's cash you've earned. However, I generally hate going there. They cram the stores with so much merchandise that you can't move your body through the aisle, let alone those roll-bag things, and their clearence racks are worse than a goodwill store. I once was walking though and it was so messy - like TJ Maxx don't give a rip messy - I vowed from then on I'll just shop on line. The shipping's free and they honor their coupons. Target is a good comparision but they don't have the selection that Kohl's has, for example, in work clothes.
 
2013-11-15 02:20:17 PM
Yeah, I don't get the hate on Kohl's either... My wife finds great deals there, and the non sale prices aren't any more outrageous than anywhere else. One nice part is that you can stack deals. My wife got winter boots for our daughter last week, and got a sale, plus some special 1/2 hour deal, plus 30% off on top of that.

It's like all of the people biatching about Best Buy, Home Depot and Sears. They heard that now Kohl's was the 'hip' place to hate, so they all want to make sure that there is room for them on the bandwagon, too.
 
2013-11-15 03:19:11 PM
bsharitt: You're not supposed to pay sticker prices for stuff at Kohls. Wait for your weekly "coupon" from Kohls that makes them only slightly more expensive that the discount stores.

How to shop at kohls

1) Wait until they send you a 30% coupon AND a $10 gift card.

2) Go to a kohls in a ghettoish area

3) Buy dress shirts and polos from the clearance rack (because the normal clientele that live near that kohl's don't purchase those items)

// paid $6 for a nice pinstriped dress shirt once

// I also have a fairly large collection of ties now
 
2013-11-15 03:44:15 PM

Pincy: Why all the hate on Kohls?  I always seem to get good deals there.


I get great deals at the one closest to me, but only because the mens department is about 75% clearance racks. I guess they expected that location to be much busier. That will likely end once they have some solid sales data. The shoes and Mens basics are still ridiculously overpriced.
 
2013-11-15 03:54:55 PM
Just dropped by a Kohl's on my lunch break -- they are cross-promoting the crap out of Duck Dynasty merchandise, for some reason.
 
2013-11-15 04:06:20 PM
If you're buying the name brands like Levi's and Dockers, and stack the discounts you can get a pretty good deal. If you're just looking for the cheapest possible item, then you are probably better off at Target.

I hate shopping there since their pants department is about as organized as a 3rd world market after a disaster.
 
2013-11-15 04:26:28 PM
I got a great deal on outer wear.

It was Florida. The cashier had not sold a single overcoat all season.
 
2013-11-15 05:23:36 PM

Pincy: Why all the hate on Kohls?  I always seem to get good deals there.


I don't, but my laat couple pairs of cargo pants aren't wearing thin yet and I am at the two mark.

That is worth a few bucks I think.
 
2013-11-15 05:45:12 PM
1) buy 2 of each item at 30% off and on sale.

2) return items later and not have the receipt...

3) get store credit for current price.

4) profit.
 
2013-11-15 06:07:51 PM
I buy almost all of my work clothes at Kohl's. I buy the name brand stuff - Chaps, Levis, etc. The key is to get a Kohl's Card and to use the coupons they send. You can stack deals, which is great. My only problem with Kohl's is that they use the Pony Express for delivery. Seriously, their stuff takes twice as long to get to me as any other place I shop online.

I rarely go into the stores. The one closest to me is always a mess. They have as many clearance items online as they do in the store, so there are deals to be had either way.

I am not a fan of their shoes. But I'm a little bit of a shoe snob, so I don't like most department stores' shoe selections.
 
2013-11-15 06:23:36 PM
Kohl's can eat a barrel of dicks! They used to sell a line of clothing that had artwork that was stolen from a friend of mine's.

Her original drawing:
i43.tinypic.com

If you've seen this design on any pants or shirts, know that the artist never saw a single penny from the sales.
 
2013-11-15 07:43:22 PM

fickenchucker: I live in the home town of Kohl's and have always had good luck getting what I need there for good prices. Yes, we use the coupons and the $10 cash-back vouchers.

Except for lately.  My son outgrew the store.  6'5" with size 16 feet. The only things we can find there are shirts/sweatshirts/sweaters.  Pants and shoes have to be online, and even then the pickings are slim.


I have this problem as well.  I'm 6'4" and have been since I was 16 (25 years ago).  Back then I could walk into any discount clothing store and buy pants or jeans.   About 15 years ago this changed and I can no longer find pants with an inseam any longer than 34" in a store.  I also discovered Big and Tall means just "FAT".  There is nothing Tall about a B&T.  Best I could find there was 52"x34" dress pants.  'murica!
 
2013-11-16 12:04:06 PM

The Googles Do Nothing: fickenchucker: I live in the home town of Kohl's and have always had good luck getting what I need there for good prices. Yes, we use the coupons and the $10 cash-back vouchers.

Except for lately.  My son outgrew the store.  6'5" with size 16 feet. The only things we can find there are shirts/sweatshirts/sweaters.  Pants and shoes have to be online, and even then the pickings are slim.

I have this problem as well.  I'm 6'4" and have been since I was 16 (25 years ago).  Back then I could walk into any discount clothing store and buy pants or jeans.   About 15 years ago this changed and I can no longer find pants with an inseam any longer than 34" in a store.  I also discovered Big and Tall means just "FAT".  There is nothing Tall about a B&T.  Best I could find there was 52"x34" dress pants.  'murica!


I've been running into the same thing - we're not tall enough to be Tall or big enough to be Big.
 
2013-11-16 06:50:51 PM
The thing about Kohls is you can't expect to walk in there and get the best prices on clothes for the upcoming season. You have to purchase from the sale or clearance racks of stuff going out of season using your weekly coupon. I've gotten a ridiculous amount of business casual attire, especially shirts that way and I rarely pay more than 10 bucks for a polo or dress shirt. And don't get me started on kids clothes.
 
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