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Kohl’s announced it’s making layoffs in its corporate division, amounting to “less than 200” employees. This comes after the Fortune 500 retailer closed dozens of stores this year.
During the second quarter, Kohl’s Corp. saw the early signs of a potentially serious trend. Sales in its women’s business “went backwards."
In 2013, Gass joined department store Kohl's as chief customer officer, and in 2015 became the company's chief merchandising and customer officer. [10] In 2017, she was promoted to CEO-elect. [11] In May 2018, Gass officially became Kohl's CEO. [10] In 2018, Gass was named to Fortune magazine's list of most powerful women. [12]
The latest, Kohl's Corp., is requiring their employees to report to work Monday through Thursday if they live within 30 miles of the headquarters in Menomonee Falls.
In 2008, Buchman announced that she would be discontinuing her higher priced line to design exclusively for Kohl's. In 2011, Liz Claiborne sold the Dana Buchman brand to Kohl's. Kohl's carried the line until 2020, when it dropped the line along with seven other women's brands in a move toward activewear. [3]
The deal was aimed at including men's and women's clothing, as well as homewares.Lopez's collection showcased women's dresses, sportswear, handbags, and jewelry, while Anthony's featured men's dress shirts, ties, sports coats, and shoes. [6] Kohl's expected "the his-and-hers line" to expand into home accessories over time. [6]
Kohl's told investors last week it sees $2 billion in sales from Sephora by 2025 as the shops open in all 1,100 locations. The clouds were ominous, and the parking lot sparse.
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