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 ...
A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store ...
A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location closings expected to double.
Retailers are facing relentless competition from controversial fast fashion companies Shein and Temu, according to Coresight ...
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Retailers will close up to 15,000 stores this year, more than double that in 2024 and nearly triple from 2023. In addition, closings will far outpace openings.
The reductions come two weeks after the new chief executive took the reins.
The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.
The closures across 15 states are expected to take place by April. Each of the locations set for closure were identified as ...
Shares of Kohl’s Corp ($KSS) rose 0.4% in after-hours trading on Tuesday as reports surfaced about the retailer’s corporate ...