Shares of Kohl's (NYSE: KSS) lost ground to a surging market this week. The retailer's stock fell 13% through Thursday trading, according to data provided by S&P Global Market Intelligence, compared to a 2.8% spike in the S&P 500. Kohl's shares have had a volatile year so far, rising 25% through late April but declining by over 40% by late July.

This week's slump came as investors grew more concerned about slowing consumer spending patterns, as well as a potential inventory glut on the way.

Walmart said on Monday that it now expects lower earnings through the second half of 2022, mainly because inflation is impacting shoppers' behavior. That announcement sent a shockwave through the retailing industry, helping push Kohl's stock lower.

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Source Fool.com