Shoppers exit the Kohl’s store on Arden Way in Sacramento on Tuesday. The store is one of 27 that the company is closing across United States. JOSÉ LUIS VILLEGAS [email protected] Department store ...
Kohl’s is closing 27 stores across more than a dozen states as the struggling retailer looks to improve profitability. The closures, to be completed by April, are a small fraction of the chain’s 1,150 ...
Kohl's shares soared Tuesday as investors piled in amid renewed exuberance for so-called meme stocks. The struggling department store's stock price jumped nearly 38%, or $3,92, to close at $14.34 a ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
Popular big-box retailer Kohl’s announced will close 27 locations nationwide by April 2025, including one in Massachusetts. The company announced Jan. 9 closures would affect “27 underperforming ...
Kohl's is closing 27 underperforming stores across the US by April. The closures will impact stores in 19 states, with California, Ohio, Illinois, and Virginia seeing the most closures. A distribution ...
Saturday will be the final day for 27 "underperforming" Kohl's locations. The company, which announced the closures in January, lists March 29 as the closing date on the stores' webpages. The closures ...
Kohl's exceeded quarterly earnings expectations and plans to maintain momentum through increased promotions and deals. The company is focusing on "impulse buys" with expanded queuing lines in stores.
Kohl’s on Tuesday forecast weaker-than-expected sales and its new chief executive warned that a turnaround will take “some time” – sending its shares toppling 22%. The stock drop put the flailing ...