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 Is Currently Trading Below Liquidation Value
Kohl's faces a $353M bond repayment in July, but plans to sell 27 underperforming stores to raise liquidity. Find out my recommendation for KSS stock.