Posted on 01/09/2025 7:57:13 PM PST by SeekAndFind
Kohl’s announced Thursday, Jan. 9, the closure of 27 underperforming stores, including locations in Pennsylvania, New Jersey, Massachusetts, and Virginia, as part of its 2025 real estate changes.
The closures are expected to be finalized by April 2025 and are part of the company’s strategy to strengthen its store portfolio while adapting to evolving consumer trends. Among the affected locations are stores in Pennsylvania, New Jersey, Massachusetts, and Virginia.
Tom Kingsbury, CEO of Kohl’s, acknowledged the difficult nature of the decision, stating, “As we continue to build on our long-term growth strategy, it is important that we also take difficult but necessary actions to support the health and future of our business for our customers and our teams.”
All affected employees have been notified and are being offered severance packages or the opportunity to apply for other roles within Kohl’s.
These closures are part of a broader plan that also includes the shuttering of Kohl’s San Bernardino E-commerce Fulfillment Center in California when its lease expires in May 2025.
Despite the closures, Kohl’s remains committed to its profitable store base, with over 1,150 locations nationwide, and continues to invest in optimizing its smaller-format stores and digital shopping experience.
This closure announcement was made the same day Macy's announced the closure of 66 stores. Click here to read that full report.
They would rather close stores and make people lose their jobs than reverse their DEI policiies. They’ll be bankrupt before the beginning of next year, mark my words. Go woke, go broke.
Yep...Kohls is the enemy...
I didn’t know kohls had a store in the mid-Atlantic.
Seems fitting.
/s
Haven’t been in a Kohls in many years - nothing there fits me.
All the illegals across the road of the Herndon, VA location will have to find a new place to shoplift from...
Last time I was in Pottstown it was a dying town. A long way from when they made Ms. Smiths pies.
Not hard to understand why they’d close there.
There’s a Kohls in Timonium, MD, a suburb north of Baltimore. I hardly EVER go in there; they simply don’t have anything I need to buy. They turned a large portion of the store into Sephora’s. I have NO use for the overpriced cosmetics Sephora sells. They took out the jewelry counter to put in Sephora. Bye bye, Kohls.
Greatest economy ever says the liberal newspapers.
Beginning of the end...once you start closing stores, its pretty much over.
Might take years but it will happen. Sears, Kmart...numerous others.
I used to be a huge Kohl’s customer but over the years they have gotten outrageously expensive for name brands and have a lot of cheaply made crap. Have not shopped there in years now, but go in because they have an Amazon return desk.[And thats another reason they are hurting.]
But I have been saving my Kohl’s cash for retirement. Oh the humanity!
Might take years but it will happen. Sears, Kmart...numerous others.
*********
Yep the world is ever changing so if you don’t
adapt you won’t survive. Enjoy your 3 score and
10 as best you can.
A more complete list here...
I don’t understand why their shirts are only $45.00.
/s
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