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In 2018, Kohl's was hailed as a "winner of the retail apocalypse," boasting strong sales over its struggling counterparts like Sears and JCPenney. Now, Kohl's is feeling the strain. Its third ...
A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock ...
Kohl's faces a $353M bond repayment in July, but plans to sell 27 underperforming stores to raise liquidity. Find out my ...
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The company has also been building partnerships with other companies and has been experimenting with the store layout to drive sales. Kohl's is closing 27 underperforming stores in 15 states by ...
Kohl’s is not the only department store chain that has struggled in recent years. More than 7,300 retail stores closed last year, a 57% increase from 2023, according to Coresight Research.
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