
Kohl's, once a leading department store, has seen its stock fall nearly 70% over five years due to lost relevance and shifting strategies that alienated core customers. CEO Michael Bender is now steering the company back to its original strengths—proprietary brands, value pricing, and coupons—to regain customer loyalty and stabilize sales. Despite recent positive signs, including a 130% stock rise in the past year and its best comparable sales growth in four years, Wall Street remains cautious about Kohl's long-term recovery amid strong competition and changing consumer preferences. The company is also targeting younger shoppers through Sephora partnerships to ensure future growth.