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The secret to a retail slimdown

What do department stores and discount supermarkets have in common? Not much, really, but Kohl’s, a US department store chain with more than 1,150 stores, has launched a pilot program to find out if there is more chemistry than meets the eye. On 1 March, Kohl’s management announced that it would shrink as many as 10 of its stores to make room for an Aldi. This is not the customary department store formula of ‘store within a store’. Rather, it is a ‘store outside of a store’, where th