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 ...
In an message to employees, CEO Ashley Buchanan said about 10% of roles reporting to the corporate headquarters have been cut, open positions closed ...
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 ...
The Grand Jury returned all 15 of their cases Friday, December 1st, 2023, with four open for release to the public. From ...
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