Is Kohl's a stock to watch closely?
Kohl’s (KSS) - Get Kohl's Corporation Report said that Sephora’s first 200 locations will open in the fall of 2021, and the number will grow to at least 850 by 2023. "Sephora at Kohl's" will have 2,500 square feet of space and a “prominent” location at the front of the store, Kohl’s said in a statement. Sephora at Kohl’s shops will replace Kohl's current in-store beauty offerings.
Sephora is the largest specialty beauty retailer in the world, Kohl’s said. It cited its own “deep focus of serving the everyday needs for the whole family” and said it’s “reimagining and accelerating the company's ambition to be the most trusted retailer of choice for the active and casual lifestyle.”
Jim Cramer weighs in on whether or not he'd ever consider putting Kohl's in the bullpen again in the video above.