Kohl's (KSS) is cutting the space for Babies "R" Us in some of its locations, Bloomberg reported Thursday, citing people familiar with the matter.
The company continues "to test and learn, as we do with all experiences in our stores, to identify the right size and scale of this experience, product assortment and other adjacent departments," a Kohl's spokesperson said, according to the report.
WHP Global, which owns the Babies "R" Us brand, said the partnership with Kohl's, announced last year, isn't changing, according to the report.
Kohl's and WHP Global didn't immediately reply to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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