Major department store shutters dozens of beloved shops across 14 states ...Middle East

NY Times News - News
Major department store shutters dozens of beloved shops across 14 states

Kohl’s is closing 27 locations across 14 states, the major department store announced Thursday. 

The Wisconsin-based retailer said the company has chosen to close some of the stores down because they ‘were underperforming.’ 

    California, and half of those are in the San Francisco Bay Area. 

    Arkansas, Colorado, Georgia, Idaho, Illinois, Massachusetts, New Jersey, Ohio, Oregon, Pennsylvania, Texas, Utah and Virginia. 

    ‘While Kohl’s continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores,’ the retailer explained.  

    the retail chain has decided to close its e-commerce fulfillment center in San Bernardino, due to the ability to fulfill online orders at store locations and increased production at newer fulfillment centers. 

    Kohl’s CEO Tom Kingsbury said that the new decisions were taken ‘very seriously,’ and that they had to be made to ‘support’ the company and its consumers. 

    ‘We always take these decisions very seriously. 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,’ Kingsbury said. 

    Kohl’s is closing 27 locations across 14 states by the end of this year 

    Of those 27 locations, 10 are set to shut down in California , and half of those are in the San Francisco Bay Area

    The select Kohl’s stores are set to close by April 2025, while the California fulfillment center will shut its doors in May 2025 – at the end of its lease. 

    In November, the company announced that Kingsbury will be stepping down on January 15, and will be replaced with ‘retail veteran’ Ashley Buchanan. 

    the company said. 

    Axios reported. 

    The select Kohl’s stores are set to close by April 2025, while the California fulfillment center will shut its doors in May 2025 – at the end of its lease

    Here are all the Kohl’s locations closing in 2025:

    Alabama 

    Spanish Fort – 2100 Town Center Ave.

    Arkansas

    Little Rock West – 13909 Chenal Parkway

    California

    Balboa (San Diego) – 5505 Balboa Ave. Encinitas – 134 N El Camino Real Fremont – 43782 Christy St.  Mountain View – 350 Showers Drive  Pleasanton – 4525 Rosewood Dr.  Point West (Sacramento) – 1896 Arden Way  San Rafael – 5010 Northgate Drive  San Luis Obispo – 205 Madonna Road  Westchester – 8739 S Sepulveda Blvd. 

    Colorado

    Arapahoe Crossing (Aurora) – 6584 S Parker Road

    Georgia

    Duluth – 2050 W Liddell Road

    Idaho

    Boise – 400 N Milwaukee St.

    Illinois

    Plainfield – 11860 S Route 59 Spring Hill (West Dundee) – 3000 Spring Hill Ring Road

    Massachusetts

    Stoughton – 501 Technology Center Drive

    New Jersey

    East Windsor – 72 Princeton Hightstown Road

    Ohio 

    Blue Ash – 4150 Hunt Road Forest Park (Cincinnati) – 100 Cincinnati Mills Drive 

    Oregon

    Portland Gateway – 10010 NE Halsey St.

    Texas

    North Dallas – 18224 Preston Road 

    Utah

    Riverton – 13319 S 3600 W

    Virginia

    Herndon – 2100 Centreville Road  Williamsburg – 100 Gristmill Plaza

    In a bid to improve shoppers’ experience and boost sales, Kohl’s introduced self checkout kiosks and rearranged the placing of certain in-demand products, as part of plans introduced by Kingsbury in May 2023. 

    In November, the company announced that CEO Tom Kingsbury will be stepping down on January 15, and will be replaced with ‘retail veteran’ Ashley Buchanan

    Kingsbury, who took up the post in February of that year, pledged to turn the company around after its shares lost almost half their value in 2022 and was almost bought out by JCPenney. 

    At the time, Kingsbury pledged to reduce the company’s reliance on margin-sapping discounts and focus on in-demand categories including work wear. 

    The store also decided to relocate home goods and gifts to the front of the store in an attempt to maximize the sales potential in those areas which have been some of its biggest sellers in recent years. 

    Kohl’s is just the latest retailer to shutter some of its locations, as beloved craft store Joann, which operates in nearly every US state, has recently closed six of its 815 stores.

    Until 2018, it was known as Jo-Ann Stores but rebranded as ‘Joann’ to move beyond fabrics to embrace a wider range of crafts.

    Shoppers impacted by the closures can score steep discounts during liquidation sales, with markdowns ranging from 50 to 90 percent in affected locations. 

    Major department store shutters dozens of beloved shops across 14 states NY Times News Today.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( Major department store shutters dozens of beloved shops across 14 states )

    Also on site :