The mass merchandise retailer (No. 50 on Internet Retailer 500 List) reported e-commerce revenue of $88 million in the second quarter, one-third higher than the $66 million in the same quarter a year ago. It was the second quarter in a row of 33% growth in web sales. The web accounted for 2.3% of sales, compared with 1.8% in Q2 last year.
Wednesday, September 9, 2009
Web Sales Surge, Same Store Sales Decline at Kohls
The mass merchandise retailer (No. 50 on Internet Retailer 500 List) reported e-commerce revenue of $88 million in the second quarter, one-third higher than the $66 million in the same quarter a year ago. It was the second quarter in a row of 33% growth in web sales. The web accounted for 2.3% of sales, compared with 1.8% in Q2 last year.
