Kohl’s is slashing its corporate workforce as it scrambles to make up for mistakes like carrying less inventory and shrinking its fine-jewelry business
Less than 200 people were affected by the layoffs, but the company has also had dozens of store closures in the past year.
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Say Goodbye: Kohl’s Laying Off 10 Percent of Workforce + Shutting Down Stores Nationwide
The retail apocalypse that has been ongoing for a couple of years now has struck again. This time, the target is Kohl’s.
Kohl's Corp. stock underperforms Wednesday when compared to competitors
Kohl's Corp. closed 55.41% short of its 52-week high of $29.60, which the company reached on April 1st.
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Kohl’s cuts 10% of corporate workforce
The downsizing follows store closure plans and will mostly entail eliminating open roles, with layoffs impacting fewer than ...
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.
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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 ...
There's still hope for local traditional retail locations despite store closings
More people have turned to online sales for their shopping needs, but brick-and-mortar stores will remain an important part of retail with needed changes, analysts said just a week after two major ...
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Kohl's is closing 27 stores. Here's which ones are shutting their doors.
Kohl's, the struggling department store retail chain, is planning to close dozens of "underperforming" store locations around the U.S. by April, the company announced. "While Kohl's continues to ...
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Special edition of Capitol Report with Gov. Ned Lamont
On the heels of his State of the State address, Connecticut Gov. Ned Lamont joins News 8 for a special edition of Capitol Report.
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Financially struggling Kohl's to close 27 stores across the country including 1 in Georgia
Major retail chains continue to shrink their nationwide footprint, including in Georgia. Kohl's announced on Thursday that 27 stores across several states will be closed by April. Georgia will ...
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I shopped at Kohl's to see how stores are taking 'aggressive action' to boost plummeting sales
In 2018, Kohl's was hailed as a "winner of the retail apocalypse," boasting strong sales over its struggling counterparts like Sears and JCPenney. Now, Kohl's is feeling the strain. Its third ...