Kohl's cuts 10% of its corporate workforce
Kohl's said on Tuesday it has reduced nearly 10% of its corporate workforce, as the department store chain aims to improve profitability.
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 retailer is taking this measure to streamline its operations and enhance its financial performance.
Kohl’s reduces corporate roles, closes 27 stores in efficiency push
Kohl's announced Tuesday it is reducing about 10% of the roles that report into its corporate offices. In a statement, a Kohl's spokeswoman told WISN 12 News "more than half of the total reduction will come from closing open positions while the remainder of the positions were currently held by our associates.
Kohl's Slashes 10% Corporate Jobs, Names New CEO
Kohl's Inc. (NYSE: KSS) is cutting around 10% of its corporate workforce, impacting fewer than 400 roles, after the appointment of new CEO Ashley Buchanan.
Kohl's cuts 10% of corporate workforce to improve profitability
Kohl’s said that it is cutting 10% of its corporate workforce as the struggling company works to improve profitability. It previously announced it would close 27 stores.
Kohl’s to Cut 10% of Corporate Jobs Under New CEO Buchanan
Kohl’s Corp. is eliminating about 10% of roles that report into its corporate offices as part of the retailer’s bid to improve results.
Kohl’s announces 10% corporate workforce reduction, WSJ reports
Kohl’s (KSS) is slashing roughly 10% of its corporate workforce, two weeks after installing a new chief executive, The Wall Street Journal’s
Kohl’s Stock Rises On Reported Workforce Cuts: Retail’s Bullish
Shares of Kohl’s Corp ($KSS) rose 0.4% in after-hours trading on Tuesday as reports surfaced about the retailer’s corporate workforce reduction plan, reviving retail sentiment. According to several media outlets,
Kohl’s announces more 2025 store closures: List of stores that will close
The closures across 15 states are expected to take place by April. Each of the locations set for closure were identified as ...
Kohl’s Is Closing 27 Stores Across 15 States—Here Is A Full List
It seems the retail apocalypse is rolling into 2025, and Kohl’s is the latest big name making cuts. Here is everything you ...
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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Struggling Kohl’s department store chain will close this Boise-area store. What we know
Kohl’s plans to close a number of “underperforming” stores in the next few months, including one in Boise. The department store chain has been grappling with a continued downturn in sales ...
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Kohl’s is closing 27 locations. See if your store is on the list
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 ...
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Kohl’s is closing underperforming stores across the country. What about Florida?
Department store retailer chain Kohl's announced the closure of 27 of its stores by April 2025, detailing declining sales. "We always take these decisions very seriously," CEO Tom Kingsbury said, ...