Kevin Mansell, Kohl's chairman, chief executive officer and president, said, "We are pleased to report an increase in comp sales for the quarter as the traffic momentum we saw in the first half of the year continued. We saw strong results during the back-to-school season, achieving a low single-digit positive comp. The middle of the quarter was soft as we experienced disruptions from the hurricanes and other unseasonal weather. The quarter closed with strong sales in the second half of October." Kohl’s ended the quarter with 1,156 Kohl's stores in 49 states compared with 1,155 Kohl's stores at the same time last year. Kohl's also operates 12 FILA Outlets and four Off/Aisle clearance centers. The Company now expects fiscal 2017 diluted earnings per share of $3.72 to $3.92, which includes the impact of a fourth quarter tax settlement. Click Read More below for additional information.
HarperCollins Publishers today announced it has acquired world Spanish rights to seven books from international bestselling author Fredrik Backman including: My Grandmother Asked Me to Tell You She’s Sorry, Britt-Marie Was Here, Beartown, Us Against You, and essay collection Things My Son Needs to Know about the World, as well as two novellas, And Every Morning the Way Home Gets Longer and Longer and The Deal of a Lifetime. The deal, which marks the first time these titles will be published in Spanish, was negotiated by Judith Curr, President and Publisher HarperOne Group, with Tor Jonasson of the Salomonsson Agency in Stockholm.
Curr has also acquired world Spanish rights for Dear America, Notes of an Undocumented Citizen, a memoir by Pulitzer Prize-winning journalist Jose Antonio Vargas in which he challenges the definition of what it means to be an American and advocates for the human rights of immigrants.
These titles will be published by HarperCollins throughout the Spanish-speaking world through its Global Publishing Program.
“We are thrilled to have Fredrik Backman and Jose Antonio Vargas join the growing list of authors that we publish in Spanish,” said Brian Murray, President and CEO of HarperCollins Publishers. “Spanish language publishing represents one of the largest growth opportunities for HarperCollins, and is a core strategic focus for our company as we continue to invest in our global publishing program and capabilities.”
In an effort to ensure maximum reach for its authors in Spanish-speaking markets, the company is also establishing an International Spanish Acquisitions Board, comprised of representatives from HarperCollins Español, HarperCollins Mexico and HarperCollins Iberica. The group will seek to publish books that have broad appeal around the globe, and will work to coordinate publishing and share best practices across divisions.
“Spanish is one language in many countries, and our global platform will allow us to create a center of excellence, acquiring works that have broad appeal, both in the U.S. and throughout the Spanish-speaking world,” said Curr. “Fredrik Backman is an international bestseller in dozens of languages, and I am thrilled to be able to publish his works in Spanish. On the non-fiction side, Jose Antonio Vargas’s story is an important book of the moment that will certainly resonate with readers.”
Fredrik Backman is the author of international bestsellers A Man Called Ove and My Grandmother Asked Me to Tell You She’s Sorry. Before his career as a novelist, Backman wrote for the Swedish magazine Café, where he wrote a humorous column reflecting on pet peeves and anger that became the inspiration for A Man Called Ove. His books have sold more than 10 million copies worldwide and been published in more than forty countries and counting. He lives in Sweden with his wife and two children.
Jose Antonio Vargas, a journalist and filmmaker, is the founder and CEO of the nonprofit Define American. His work has appeared internationally in Time magazine, as well as in the San Francisco Chronicle, The New Yorker and The Washington Post, where he won a Pulitzer Prize as part of a reporting team.