Kohl's is closing 27 stores in 15 states. Here's where they're located
Portfolio Pulse from
Kohl's is closing 27 underperforming stores across 15 states this spring. The company released a list of the affected locations last week.
January 13, 2025 | 6:30 pm
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Kohl's is closing 27 underperforming stores in 15 states, which may impact its stock price as the company adjusts its retail footprint.
The closure of 27 stores indicates a strategic move to cut losses from underperforming locations. This could lead to short-term negative sentiment as it reflects challenges in maintaining profitable operations. However, it may also be seen as a positive long-term strategy to improve overall profitability.
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IMPORTANCE 70
RELEVANCE 100