Takeaway: Please note we are removing KSS (short) from Investing Ideas today.

"With Kohl's down -4% today, I’m going to stop us out of this short idea for now as my top-down macro view of US Consumption and Retail Sales remains as bullish as the cycle has been and the compares on those fronts don’t get tougher until summer-time ends," writes CEO Keith McCullough. "Longer-term Brian McGough remains a long-time bear on this name."

***No change to Retail analyst Brian McGough's fundamental short call on Kohl's. Click here to read our analyst's original report.