Kohl's plans to close 27 of its underperforming stores by April 2025 as part of the struggling retailer's transformation process.
The Menomonee Falls, Wisconsin-headquartered company - pressured by declining sales - said that all employees at the closing stores "have been informed, and offered a competitive severance package or the ability to apply to other open roles at Kohl's," according to a Jan. 9 press release.
"While Kohl's continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores," the company said.
Also closing: an e-commerce fulfillment center in San Bernardino, California, in operation since 2010, shuttering in May 2025. The company can now fulfill customer orders from store locations, without the fulfillment center, Kohl's said.
Stores in Bucks County, including Bensalem, Lower Makefield, Warminster and Doylestown, will remain open, as will Kohl's in Blue Bell and Lansdale, Montgomery County.
"We always take these decisions very seriously," said CEO Tom Kingsbury, who will step down as CEO on Jan. 15. "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."
Ashley Buchanan, formerly CEO of Michaels Companies, will take over as Kohl's CEO on Jan. 15. Kingsbury will remain on as an advisor and serve on the company's board through his retirement in May 2025.
Kohl's said in November 2024 it expects 2024 sales to be down 7% to 8%. The retailer reports its full-year sales in February.
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Kohl's plans to close 27 stores by April 2025. That will leave the retailer with more than 1,120 locations.
Here's a list of the Kohl's stores closing by April 2025, by state.