Kohl’s is closing 27 underperforming stores across the US. The company announced the closures as part of its transformation plan, which also includes corporate changes and cutting jobs. Sales have declined significantly, with a 9.4% drop in Q4 2024 and a 7.2% year-over-year decline. Despite this, Kohl’s will retain over 1,120 stores. The closures affect locations in 15 states, including Alabama, Colorado, Georgia, Idaho, Illinois, Massachusetts, New Jersey, Ohio, Oregon, Pennsylvania, Texas, Utah, Virginia, California, and Arkansas.
Source: https://eu.usatoday.com/story/money/retail/2025/03/26/kohls-stores-closing/82659413007