Kohl's plans to close 27 stores by April 2025 to support its growth strategy amid falling retail sales.
Kohl's plans to close 27 stores nationwide by April 2025, including two in Chicago's suburbs. This move aims to support the company's long-term growth strategy amid declining retail sales, expected to fall by 7-8% in 2024. Despite the closures, Kohl's will still operate 1,120 stores across the U.S. Full-year sales reports will be released in February.
3 months ago
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