Kohl’s to Close 27 Stores and Fulfillment Center as Part of Restructuring

The retailer cites underperformance and plans for operational efficiency while transitioning to new leadership.

Kohl’s announced the closure of 27 underperforming stores across 15 states by April 2025, representing a small portion of its 1,150 locations.
The company will also shutter its San Bernardino E-commerce Fulfillment Center in May, citing improved efficiencies at newer facilities.
Outgoing CEO Tom Kingsbury emphasized the closures as part of a long-term growth strategy; he will be succeeded by Ashley Buchanan on January 15, 2025.
Kohl’s has faced declining sales, with net income dropping to $61 million in the first three quarters of 2024, and its stock losing nearly 40% in the last six months.
All affected employees have been offered severance packages or opportunities to apply for other roles within the company.