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As part of efforts to streamline operations and improve profitability, Kohl’s has announced the closure of 27 underperforming stores across more than a dozen states. These closures are set to be completed by April, marking a strategic move by the retailer to focus on its stronger-performing locations.
Outgoing CEO Tom Kingsbury stated, “We always take these decisions very seriously. As we continue to build on our long-term growth strategy, it is important that we also take difficult but necessary actions to support the health and future of our business for our customers and our teams.”
Kohl’s is not alone in its struggles. Department stores like Macy’s have also announced store closures, reflecting industry-wide challenges amid inflation and evolving consumer preferences.
Here’s the list of Kohl’s locations slated for closure:
, Kohl’s to Close 27 Stores Across the U.S. – Full List and Details As part of efforts to streamline operations and improve profitability, Kohl’s has announced the closure of 27 underperforming stores across more than a dozen states. These closures are set to be completed by April, marking a strategic move by the retailer to, , Read More, News, News Archives – Black America Web, [#item_full_content].
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