Kohl's cuts 10% of jobs at Menomonee Falls corporate headquarters
Kohl's announced it has cut 10% of the jobs at its Menomonee Falls corporate office. About half of the cuts will result from closing open positions. The cuts come less than two weeks after new CEO Ashley Buchanan took over the company's top position.
Kohl's announced a new round of layoffs Tuesday. According to a spokesperson for Kohl’s, the retail company cut about 10% of ...
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Kohl’s reduces corporate roles, closes 27 stores in efficiency pushKohl's announced earlier this month it is closing 27 underperforming locations in 15 states by April. The Menomonee Falls, Wisconsin-based chain has posted 11 consecutive quarters of sales declines.
Kohl's faces a $353M bond repayment in July, but plans to sell 27 underperforming stores to raise liquidity. Find out my recommendation for KSS stock.
The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.
Shares of Kohl’s Corp ($KSS) rose 0.4% in after-hours trading on Tuesday as reports surfaced about the retailer’s corporate ...
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