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Article: Kohl's may want Bradlees sites.(Business)
- Article from:
- The Boston Herald
- Article date:
- January 22, 2001
- Author:
CopyrightCOPYRIGHT 2001 Boston Herald. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The name Kohl's probably means little to most New Englanders.
But you can bet bankrupt retailer Bradlees Inc. is well acquainted with Kohl's. The name undoubtedly also means something to bankrupt retail legend Montgomery Ward & Co., which like Bradlees is in the process of shutting its department stores.
Sears Roebuck & Co., which said earlier this month it will close 89 specialty and department stores amid soft sales, knows Kohl's Corp. So does J.C. Penney Co., which has seen its sales decline, in part because one-time Penney shoppers are gravitating toward Kohl's' 320 moderately priced, family-oriented stores in 26 states.
Fast-growing Kohl's ...