Kohl's, Inc.

Retailer's turnaround strategy is still a work in progress

A new report from the International Association of Department Stores shows retail brands gaining momentum as a solution for sagging home product sales.

The department store retailer's expanded assortment includes lighting, organization, wall decor, and various decorative accessories.

The retailer is expanding select categories by 40% and offering new products in wall art, glassware and ceramic home decor, barware, botanicals, lighting among others.

The retailer announces a partnership with Babies 'R Us for store-within-a-store shops that will rollout to select stores in August.

The despite the decrease in revenue, the retailer's CEO said the company is positioned for improved results in the coming year.

Retail veteran Fred Hand joins the department store chain and will have oversight of the retailer's more than 1,100 stores.

The two-day online summer sale features markdowns on several of the department retailer's private label brands.