Will Kohl’s have to close stores?

Quick Summary:

Not long ago, in stark contrast to rival Macy’s, the department store was talking about expanding its fleet.

That may be about to change, analysts say.

Still, while “over 90% of our stores are still four-wall cash-positive,” according to Timm, that means about 10% of its 1,174 stores are not.

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Article Details

Author / Journalist: Daphne Howland

Category: EconomyBusiness

Markets: United States

Topics: Locations Been Timm Stores Kohl’s Fleet According Company Analysts Kingsbury Store

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 11:59:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 461 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Retail Dive

News ID: 23909604

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