Kohl's is closing dozens of stores nationwide. Are any of them in Tennessee? What we know
- Kohl's is closing 27 underperforming stores nationwide by April 2025, as part of its transformation process, according to USA Today.
- The company reported a net sales decrease of 8.8% in its 2024 third quarter earnings presentation, totaling $3.5 billion compared to the previous year.
- Kohl's associates have been informed about the closures and offered severance packages or the chance to apply for other roles at Kohl's.
- The closures are part of outgoing CEO Tom Kingsbury's final decisions before being replaced by Ashley Buchanan, CEO of Michaels.
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Coverage Details
Total News Sources0
Leaning Left2Leaning Right2Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
66% Center
L 17%
C 66%
R 17%
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