Like other department stores, Kohl's has been struggling with patchy demand from bargain-hunting customers while spending on trendier clothing such as wide-legged jeans and logo-free shirts.
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.
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Kohl’s is cutting its corporate workforce by 10%, the struggling Wisconsin-based company said. The retailer told FOX Business on Wednesday that closures of open positions will account for "more ...
The previous Kohl’s CEO, Tom Kingsbury, downsized private-label brands, petite clothing sizes, and fine jewelry departments, replacing them with Sephora cosmetics and Babies “R” Us shops ...
Dillard's Capital Trust I 7.5% Pfd.-0.58% ...
Kohl’s, the struggling chain of department stores, said it will permanently close 27 “underperforming” locations in 14 states, including 10 in California alone as the company takes emergency ...
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 ...
Kohl's plans to close 27 of its underperforming stores by April 2025 as part of the struggling retailer's transformation process. The Menomonee Falls, Wisconsin-headquartered company – pressured ...
Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The locations, named late last week by Kohl’s, will permanently close their doors by April, according to the ...