A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock value and ...
Kohl's said that it is shuttering 27 "underperforming" stores across the U.S. by April. One of them is in Massachusetts.
The closures across 15 states are expected to take place by April. Each of the locations set for closure were identified as ...
Kohl's announces corporate layoffs following store closures and CEO replacement, as stock falls by 52% in the last 12 months.
Kohl's announced it has cut 10% of the jobs at its Menomonee Falls corporate office. About half of the cuts will result from ...
Menomonee Falls-based retailer Kohl's Corp. made a round of layoffs Tuesday, eliminating 10% of "the roles that report into ...
It’s one of the last decisions made by outgoing CEO Tom Kingsbury, who is stepping down Wednesday and being replaced next week by Ashley Buchanan, the chief executive of arts and crafts chain ...
"We always take these decisions very seriously," Kohl's CEO Tom Kingsbury said in a company press release dated Jan. 9 Getty Kohl’s is planning to close 27 "underperforming" stores by April 2025.
(Reuters) -Kohl's said on Tuesday it has reduced nearly 10% of its corporate workforce, as the department store chain aims to ...