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Kohl’s is closing 27 stores across more than a dozen states as the struggling retailer looks to improve profitability. The closures, to be completed by April, are a small fraction of the chain ...
Kohl’s is starting to downsize its footprint by closing 27 stores across 15 states starting this weekend. The closings come as the retailer is trying to shed underperforming locations, change ...
Kohl’s said it expects sales to drop between 5% to 7% in 2025, and 4% to 6% on a comparable basis, which adjusts for store openings and closures. 3.
Kohl’s announced Thursday it had fired CEO Ashley Buchanan after an investigation found he had been engaging in vendor transactions and consulting agreements that were a conflict of interest ...
Kohl's has slashed about 10% of its corporate workforce.. The move comes weeks after the struggling retailer announced it would be closing 27 "underperforming" stores in 15 states by April. That ...
Why Kohl’s worst stock drop on record may have been excessive Kohl’s new CEO Ashley Buchanan has a ‘meaningful’ opportunity to drive improvements at the retailer, says analyst firm Jefferies.
Kohl’s, a Menomonee Falls, Wisconsin-headquartered retail chain, operates more than 1,100 stores in 49 states. Earlier this year, the company announced plans to close 27 locations in 15 states ...
Much of the work remains ahead of us,” Kohl’s Chief Financial Officer Jill Timm said on a call with analysts. The shares rose 2.8% at 11 a.m in New York, paring most of an earlier gain after a ...
Kohl's has temporarily stopped accepting Amazon returns at some stores, the company confirmed to USA TODAY Wednesday. The company said in a statement that it is "conducting a test" in certain ...
Kohl’s, she explained, has been diversifying the countries from which it sources products from since 2017, during President Trump’s first term, to mitigate tariff costs.
Kohl’s announced its CEO Tom Kingsbury will step down on January 15, 2025, and will be replaced by the CEO of arts and crafts retailer Michaels.