Kohl’s plans to close 27 underperforming stores by April 2025 as part of the troubled retailer’s transformation process.
The Menomonee Falls, Wisconsin-based company, which has been pressured by falling sales, said all employees of the closed stores “have been notified and offered competitive severance packages or may apply for Kohl’s Other vacancies in department stores”. 9 press release.
“While Kohl’s continues to believe in the health and strength of its profitable store base, stores in these specific locations have underperformed,” the company said.
Also closing is an e-commerce fulfillment center in San Bernardino, California, which has been operating since 2010 and will close in May 2025. Fulfill customer orders from store locations.
“We always take these decisions very seriously,” said Chief Executive Tom Kingsbury, who will step down as CEO on January 15. “Actions to support the health and future of our business for our customers and teams.” .
Former Michaels Companies CEO Ashley Buchanan will take over as Kohl’s CEO on January 15. Kingsbury will continue to serve as an advisor and serve on the company’s board of directors until his retirement in May 2025.
Kohl’s said in November 2024 that it expected sales to fall 7% to 8% in 2024. The retailer reported full-year sales in February.
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Kohl’s plans to close 27 stores in April 2025.
Here is a list of Kohl’s stores closing by April 2025 by state.
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Balboa (San Diego): 5505 Balboa Ave.
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Encinitas: 134 N El Camino Real
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Fremont: 43782 Christie Street
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Mountain View: 350 Showers Dr.
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Napa: 1116 First Street
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Pleasanton: 4525 Rosewood Dr.
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West Point (Sacramento): 1896 Arden Way
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San Rafael: 5010 Northgate Dr.
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San Luis Obispo: 205 Madonna Rd.
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Westchester: 8739 S Sepulveda Blvd.
