Kohl's store in Arden is 1 of 10 California locations set to close
- Kohl's will close 27 underperforming stores in 15 states by April, as part of its strategy to boost profitability and improve sales.
- The closures represent a small fraction of Kohl's 1,150 store base, with no stores affected in Wisconsin.
- Employees have been informed and offered a competitive severance package or the chance to apply for other roles at Kohl's.
- The announcement follows Kohl's 11 consecutive quarters of sales declines and a leadership change with Ashley Buchanan becoming the new CEO.
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Total News Sources0
Leaning Left6Leaning Right2Center17Last UpdatedBias Distribution68% Center
Bias Distribution
- 68% of the sources are Center
68% Center
L 24%
C 68%
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