“

In our view, the main source of Kohl's woes are internal. Most notably, the company has lost the plot in terms of merchandising and range planning and appears to be taking a seemingly random approach to buying. The result is a jumble of disjointed product in stores, which is exacerbated by a very serious deterioration in shopkeeping standards, it used to be the case that while a little uninspiring, Kohl's was disciplined and neat in its presentation. Over the past year that has all gone out of the window.