Kohl's faces a $353M bond repayment in July, but plans to sell 27 underperforming stores to raise liquidity. Find out my recommendation for KSS stock.
The downsizing follows store closure plans and will mostly entail eliminating open roles, with layoffs impacting fewer than ...
The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.
Kohl’s will close 27 underperforming stores by April 2025 and shutter a fulfillment center in San Bernardino, Calif. when its ...
Shares of Kohl’s Corp ($KSS) rose 0.4% in after-hours trading on Tuesday as reports surfaced about the retailer’s corporate ...
Kohl's announced a new round of layoffs Tuesday. According to a spokesperson for Kohl’s, the retail company cut about 10% of ...
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.
More than half of the cuts will come from closing open positions, while the rest will affect current employees.
Kohl's corporate office in Menomonee Falls has confirmed the company reduced approximately 10% of their corporate positions. They say more than half of the reduction ...
An “underperforming” Kohl’s store in Stoughton is one of 27 stores in the U.S. that the company will close by April, the company announced in January. All associates who work at the store have been ...
Kohl’s plans to decrease the number of stores it operates in 2025, following in the footsteps of other retailers. Macy’s recently made an announcement regarding the closure of 66 stores, one of which ...
The closures across 15 states are expected to take place by April. Each of the locations set for closure were identified as ...