Ashley Buchanan takes over Wednesday as the new Kohl's CEO — the company's third leader in four years — at a time of store closings, declining sales and a stock price that's fallen by 50% in the past year.
Less than two weeks into 2025 Kohl's Corp. announced it was planning to close 27 underperforming stores in 15 states.
Kohl's plans to close 27 stores by April 2025. That will leave the retailer with more than 1,120 locations. Here's a list of the Kohl's stores closing by April 2025, by state.
Less than a week before Kohl's Corp. welcomes new CEO Ashley Buchanan, the national retailer announced on Thursday it would close 27 underperforming locations by April 2025, including the store in Stoughton.
NEW YORK (AP) — Kohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — as the struggling department store chain aims to boost profitability and improve sagging sales.
Kohl’s to close 27 ‘underperforming’ stores this spring. Here is what we know about how St. Cloud’s store will be affected.
Traditional department stores have struggled to retain customers as consumers shop online and look for bargains.
The announcement comes as the Menomonee Falls, Wisconsin-based chain has posted 11 consecutive quarters of sales declines. Michaels CEO and retail veteran Ashley Buchanan is set to take over as ...
The announcement comes as the Menomonee Falls, Wisconsin-based chain has posted 11 consecutive quarters of sales declines. Michaels CEO and retail veteran Ashley Buchanan is set to take over as ...
Kohl's is closing 27 "underperforming" stores by April 2025. How many in Palm Beach County? Here is the list of closings.
Kohl’s (NYSE: KSS) announced Jan. 9 that it would close 27 underperforming locations by April. The Menomonee Falls-based retailer estimates it will face about $60 million to $80 million in pre-tax charges as a result of the decision, according to a document filed with the U.S. Securities and Exchange Commission.
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 by declining sales – said that all employees at the closing stores "have been informed,