Kohl's struggling with lower sales, job cuts and store closings. Here's an update
The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.
As sales slump, Kohl’s turns to a new CEO to bring back customers
A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock value and ...
Kohl's will close 27 stores by April. Macy's is closing more. Here's where they all are
Kohl's says it plans to close 27 of its more than 1,150 locations by April. The 66 locations Macy's announced are among the ...
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Kohl’s reduces corporate staff by 10% to boost profitability
US department store chain Kohl's has initiated a workforce reduction, trimming almost 10% of its corporate staff, as reported by Reuters. The report, issued on 28 January 2025, stated that the ...
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As sales slump, Kohl’s turns to a new CEO to bring back customers
Kohl’s is not the only department store chain that has struggled in recent years. More than 7,300 retail stores closed last year, a 57% increase from 2023, according to Coresight Research.
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As sales slump, Kohl’s turns to a new CEO to bring back customers
(CNN) — A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in ...