Kohl’s to Shut 27 Shops Throughout the U.S. – Full Listing and Particulars
As a part of efforts to streamline operations and enhance profitability, Kohl’s has introduced the closure of 27 underperforming shops throughout greater than a dozen states. These closures are set to be accomplished by April, marking a strategic transfer by the retailer to deal with its stronger-performing areas.
Why Kohl’s is Closing Shops
- Struggling Profitability: Kohl’s has been going through challenges, with shifting shopper habits and inflationary pressures impacting gross sales.
- Concentrate on Energy: The corporate emphasised its perception within the “well being and power” of its worthwhile retailer base, in line with a press launch.
- Management Transition: This resolution comes throughout a management shift, with outgoing CEO Tom Kingsbury stepping down and Ashley Buchanan, the previous CEO of Michaels, taking on.
Assertion from Management
Outgoing CEO Tom Kingsbury acknowledged, “We all the time take these choices very severely. As we proceed to construct on our long-term development technique, it is necessary that we additionally take troublesome however mandatory actions to assist the well being and way forward for our enterprise for our prospects and our groups.”
Retail Business Tendencies
Kohl’s just isn’t alone in its struggles. Department shops like Macy’s have additionally introduced retailer closures, reflecting industry-wide challenges amid inflation and evolving shopper preferences.
Full Listing of Kohl’s Retailer Closures
Right here’s the listing of Kohl’s areas slated for closure:
Alabama
- Spanish Fort: 21000 City Middle Ave.
Arkansas
- Little Rock: 13909 Chenal Pkwy
California
- San Diego: 5505 Balboa Ave.
- Encinitas: 134 N. El Camino Actual
- Fremont: 43782 Christy St.
- Mountain View: 350 Showers Dr.
- Napa: 1116 1st St.
- Pleasanton: 4525 Rosewood Dr.
- Sacramento: 1896 Arden Manner
- San Rafael: 5010 Northgate Dr.
- San Luis Obispo: 205 Madonna Rd.
- Westchester: 8739 S. Sepulveda Blvd.
Colorado
- Aurora: 6584 S. Parker Rd.
Georgia
- Duluth: 2050 W. Liddell Rd.
Idaho
- Boise: 400 N. Milwaukee St.
Illinois
- Plainfield: 11860 S. Route 59
- West Dundee: 3000 Spring Hill Ring Rd.
Massachusetts
- Stoughton: 501 Know-how Middle Dr.
New Jersey
- East Windsor: 72 Princeton Hightstown Rd.
Ohio
- Blue Ash: 4150 Hunt Rd.
- Cincinnati: 100 Cincinnati Mills Dr.
Oregon
- Portland: 10010 NE. Halsey St.
Pennsylvania
- Pottstown: 351 W. Schuylkill Rd.
Texas
- Dallas: 18224 Preston Rd.
Utah
- Riverton: 13319 S. 3600 W. Suite 13LOT
Virginia
- Herndon: 2100 Centreville Rd.
- Williamsburg: 100 Gristmill Plaza
Kohl’s to Shut 27 Shops Throughout the U.S. – Full Listing and Particulars
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