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Kohl's reduces corporate staff by 10%

  • Kohl's is cutting approximately 10% of roles at its corporate offices, as confirmed by a spokesperson on January 28.
  • The company plans to close 27 underperforming stores by April, which are part of its 1,150 store base.
  • The spokesperson stated that the cuts aim to support Kohl's ongoing actions to increase efficiencies and improve profitability.
  • MSOE Associate Professor Michael Payne commented on the economic period affecting retail, stating that the retail environment has become less relevant in consumer shopping behavior.
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  • 73% of the sources are Center
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