Why Kohl's Stock Popped Today

Jeremy Bowman, The Motley Fool
·3-min read
Why Kohl's Stock Popped Today

Shares of Kohl's (NYSE: KSS) were moving higher today after the department-store chain announced a new strategic partnership with Sephora, a division of Louis Vuitton Moet Hennessy and the largest specialty beauty retailer in the world. As a result, Kohl's stock was up 15.1% as of 11:17 a.m. EST. The companies said that the new partnership, "Sephora at Kohl's," would include 2,500 square-foot Sephora shops prominently located at the front of Kohl's stores.