Kohl’s cuts 10% of corporate workforce

Quick Summary:

The downsizing follows store closure plans and will mostly entail eliminating open roles, with layoffs impacting fewer than 200 people.

Also in November, the retailer lowered its outlook and scrambled to walk back some tactics meant to arrest its sales and traffic declines.

Kohl’s has taken some tough measures in recent weeks, amid signs that its turnaround is not working.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Daphne Howland

Category: EconomyBusiness

Markets: United States

Topics: Buchanan Store Turnaround Registered Kohl’s Stores Closure Techtarget Plans Weeks Layoffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 12:45:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 25609682

View Article Analysis

About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

Frequently Asked Questions