Kohl's Revises Sales Outlook Amid Decline in Apparel and Footwear Spending

In a noteworthy development for the retail sector, Kohl's has adjusted its sales forecast downward, citing a decline in consumer spending on clothing and shoes. This revision is indicative of broader economic pressures that are influencing buying behaviors, particularly in the fashion domain. The company's latest report disclosed this unexpected shift, which has sent ripples through the retail industry.

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