Kohl's warns 2016 sales may fall

U.S. department store operator Kohl's Corp warned that sales could fall this year and said it was unlikely to meet its 2017 target of $21 billion in sales because of a weak economy and a pullback in consumer spending on its core categories such as apparel. Kohl's forecast full-year sales to fall or grow by only up to 0.5 percent. Department store operators, including Kohl's and Macy's, have reported weak sales for most of last year, hurt by falling spending in categories such as apparel, unseaso