Kohl’s is slashing its corporate workforce as it scrambles to make up for mistakes like carrying less inventory and shrinking its fine-jewelry business
Less than 200 people were affected by the layoffs, but the company has also had dozens of store closures in the past year.
Kohl's Is Currently Trading Below Liquidation Value
Kohl's faces a $353M bond repayment in July, but plans to sell 27 underperforming stores to raise liquidity. Find out my recommendation for KSS stock.
Struggling Kohl's Corp. announces layoffs at corporate headquarters in Menomonee Falls
In an message to employees, CEO Ashley Buchanan said about 10% of roles reporting to the corporate headquarters have been cut ...
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BizTimes editor Andrew Weiland talks Microsoft, Kohl’s and Buc-ee’s on WISN
BizTimes editor Andrew Weiland joins the 4 p.m. newscast on WISN Channel 12 each Wednesday to discuss the latest business ...
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Say Goodbye: Kohl’s Laying Off 10 Percent of Workforce + Shutting Down Stores Nationwide
The retail apocalypse that has been ongoing for a couple of years now has struck again. This time, the target is Kohl’s.
Kohl's Corp. stock underperforms Wednesday when compared to competitors
Kohl's Corp. closed 55.41% short of its 52-week high of $29.60, which the company reached on April 1st.
As sales slump, Kohl’s turns to a new CEO to bring back customers
A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock value and ...
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Kohl’s Stock Rises On Reported Workforce Cuts: Retail’s Bullish
Shares of Kohl’s Corp ($KSS) rose 0.4% in after-hours trading on Tuesday as reports surfaced about the retailer’s corporate ...