The downsizing follows store closure plans and will mostly entail eliminating open roles, with layoffs impacting fewer than 200 people.
The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.
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.
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 ...
Shares of Kohl’s Corp ($KSS) rose 0.4% in after-hours trading on Tuesday as reports surfaced about the retailer’s corporate ...
Kohl's said that it is shuttering 27 "underperforming" stores across the U.S. by April. One of them is in Massachusetts.
Kohl's announced earlier this month it is closing 27 underperforming locations in 15 states by April. The Menomonee Falls, Wisconsin-based chain has posted 11 consecutive quarters of sales declines.
Kohl's is cutting "approximately" 10% of roles at its corporate offices, FOX6 News confirmed from a company spokesperson on ...