The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.
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 ...
Shares of retailer Kohl’s Corp ($KSS) hit a 52-week low on Tuesday even as the company announced it would close 27 of its “underperforming stores” in April, dampening retail sentiment. Kohl shares ...
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 ...
Wisconsin-based chain has posted 11 consecutive quarters of sales declines. Michaels CEO and retail veteran Ashley Buchanan is set to take over as the chief executive of Kohl’s next week.
The retailer also dropped exploring a sale in 2022. Kohl’s closures come on the heels of Macy’s announcing similar news last week. Macy’s targeted 66 locations to shut down in the coming ...
The announcement comes less than a week before Ashley Buchanan takes ... Throughout 2024, Kohl's reported decreasing sales in each quarter. Fourth quarter results, which will include the key ...
Wisconsin-based chain has posted 11 consecutive quarters of sales declines. Michaels CEO and retail veteran Ashley Buchanan is set to take over as the chief executive of Kohl's next week.