The Retail Apocalypse
It seems the retail apocalypse is rolling into 2025, and Kohl’s is the latest big name making cuts.
Here is everything you need to know.
Kohl's, Plainville, CT. by Mike Mozart (CC BY)
It seems the retail apocalypse is rolling into 2025, and Kohl’s is the latest big name making cuts.
Here is everything you need to know.
Kohl's is set to close 27 underperforming stores across 15 states by April 2025, the chain announced in a recent press release. The closures represent about 3% of the Wisconsin-based chain’s total store count, which exceeds 1,150 locations nationwide.
The chain wil alsol shut down its San Bernardino, California, e-commerce fulfillment center in May 2025 when the lease expires.
Alabama
Arkansas
California
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Idaho
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Utah
Virginia
Kohl’s stated that the closures reflect a focus on profitability and efficiency. The San Bernardino facility, which has operated since 2010, is being retired in favor of newer technology.
"We always take these decisions very seriously," said Tom Kingsbury, Kohl’s CEO "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."
According to the statement, Kohl's has informed employees affected by these closures in a timely manner and offered severance packages or opportunities to apply for other roles within the company.