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Kohl's Is Downsizing. Kohl's is set to close 27 underperforming stores across 15 states by April 2025, the chain announced in a recent press release. The closures represent about 3% of the ...
Kohl's said in November that its net sales for the third quarter fell nearly 9% from a year ago, $3.5 billion. The company reported net income of $22 million, down from $59 million for the same ...
Kohl's has slashed about 10% of its corporate workforce. The move comes weeks after the struggling retailer announced it would be closing 27 "underperforming" stores in 15 states by April.
As for which stores Kohl's will be closing, below is a full list by state: Kohl's Stores Closing in 2025 Note: This list will be updated if more store closures are announced.
The chain filed for its second bankruptcy and liquidation on August 7, 2019, [13] closing the remaining 54 stores [14] with plans to auction its intellectual property. [15] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [16] The shoe chain emerged from bankruptcy two years later. [17]
The firm then expanded Kohl's presence from 10 to 39 stores in Wisconsin. The grocery stores were sold to A&P in 1983, [8] [9] operating under the name Kohl's Food Store, and later Kohl's Food Emporium. In February 2003, A&P put the Kohl's Food Stores up for sale, [10] as part of an effort to reduce debt. That same year, A&P closed all Kohl's ...
Kohl’s is closing 27 stores across more than a dozen states as the struggling retailer looks to improve profitability. The closures, to be completed by April, are a small fraction of the chain ...
Since closing 18 stores in 2016, Kohl’s has generally opened more stores than it has shuttered. As of the end of fiscal year 2021, Kohl’s had 1,165 locations, up from 1,154 at the end of ...