A new CEO took the reins at Kohl’s this month, hoping to reverse a long ... such as jewelry and petite-size clothing, replacing them with well-known brands like Sephora and Babies “R ...
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.
seek to "increase efficiencies and improve profitability" for Kohl’s over the long-term, the company said. Get a brief on the top business stories of the week, plus CEO interviews, market ...
The retail environment, already shaken by the closures of chains such as Big Lots and Party City, faces more closures with Kohl's announcing it will close 27 of its stores. The closures in 15 ...