mervyns

Your local mall may look less like a ghost town this time next year. Expect to see more stores opening in 2010 to replace those lost during the recession. And some of the shopping centers will take on an increasingly international flavor, as a variety of European chains are expanding rapidly into...

It's not very often these days I get notices about one new store openings, let alone 37. But that's exactly what Kohl's announced this week, taking its annual new store count up to 56. This is welcome news in today's environment. Even powerhouse retailers like Target scaled back expansion while...

The global recession may turn out to be a boon for Kohl's Corp. (KSS), the nation's fourth-largest department store chain. Kohl's opened 37 stores Wednesday, mostly in California, bringing its 2009 total to 56 new locations. Expansion might seem like an odd strategy for a retailer right now, with...

When Target Stores put Mervyns on the block to sell in 2004, you'd think it would be a case of buyout-ee beware. Any entity willing to pick up the tab on a chain of failing department stores has its own best interests at heart, and is not riding in as a White Knight to save the day. But now the...