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3360 Olentangy River Rd, Columbus, OH · Directions · (614) 267-1770
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Kohl's, the struggling department store retail chain, is planning to close dozens of "underperforming" store locations around the U.S. by April, the company announced. "While Kohl's continues to ...
Kohl's (stylized in all caps) is an American department store retail chain, operated by Kohl's Corporation. It currently has 1,165 locations, operating stores in every U.S. state except Hawaii . The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee , Wisconsin , in 1927.
The news comes as CNN reports Kohl's stock has fallen roughly 40% over the past six months, as many brick-and-mortar department stores across the country struggle to stay open.
Following these closures, Kohl's will still have more than 1,150 locations. The department store chain is focusing on shuttering locations that have been struggling. 5.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Kohl’s is not the only department store chain that has struggled in recent years. More than 7,300 retail stores closed last year, a 57% increase from 2023, according to Coresight Research.
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3360 Olentangy River Rd, Columbus, OH · Directions · (614) 267-1770