Kohl’s Announces Store Closures as Part of Strategic Portfolio Optimization

Kohl’s Announces Store Closures as Part of Strategic Portfolio Optimization

Kohl’s has announced plans to close several store locations by April 2025 as part of its ongoing strategy to strengthen its portfolio and adapt to shifting consumer trends. The closures will impact stores in Pennsylvania, New Jersey, Massachusetts, and Virginia.

List of Affected Stores:

Pennsylvania:

  • Pottstown: 351 W Schuylkill Rd.

New Jersey:

  • East Windsor: 72 Princeton Hightstown Rd.

Massachusetts:

  • Stoughton: 501 Technology Center Dr.

Virginia:

  • Herndon: 2100 Centreville Rd.
  • Williamsburg: 100 Gristmill Plz

In addition to the retail store closures, Kohl’s will also shutter its San Bernardino E-commerce Fulfillment Center in California when its lease expires in May 2025.

CEO’s Statement

Kohl’s CEO, Tom Kingsbury, addressed the decision’s challenging nature, stating, “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.”

Employee Support

The company has assured that all affected employees have been notified of the upcoming closures. They are being offered severance packages or opportunities to apply for other roles within Kohl’s.

Commitment to Growth

Despite these closures, Kohl’s is dedicated to maintaining a strong and profitable store base. With more than 1,150 locations nationwide, the company continues to focus on optimizing its smaller-format stores and enhancing its digital shopping experience.

Context of the Decision

The decision to close these locations reflects Kohl’s broader efforts to align its operations with evolving consumer behaviors and economic realities. The company aims to position itself for sustained growth and innovation in the competitive retail market by streamlining its footprint and investing in strategic areas.

Kohl’s remains committed to serving its customers and communities through a robust omnichannel presence while navigating these transitions.

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