Major fashion chain's high street stores and 1,500 jobs at risk
- Kohl's Corp. Will eliminate roughly 10% of jobs at its corporate headquarters, affecting fewer than 200 employees, as stated in an email by CEO Ashley Buchanan.
- Quiz is likely to close all of its high street stores, putting 1,500 jobs at risk, as reported by Sky News.
- The company has struggled since the pandemic, with a valuation drop from £245 million in 2017 and ongoing plans for restructuring.
- The National Retail Federation ranks Kohl's as the 30th largest retailer in the U.S., with nearly 1,200 stores and annual sales of nearly $16.6 billion.
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Total News Sources0
Leaning Left4Leaning Right5Center10Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 21%
C 53%
R 26%
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