US department store chain Kohl's has initiated a workforce reduction, trimming almost 10% of its corporate staff, as reported by Reuters. The report, issued on 28 January 2025, stated that the ...
Mom, are we going to have to run?' Here's how the first 24 hours of our unprecedented conflagration unfolded across L.A.
Christian Dior achieves a solid performance despite an unfavorable global economic environment . Revenue: €8 ...
Christian Dior achieves a solid performance despite an unfavorable global economic environment . Revenue: €84.7 billion. Profit from recurring operations: €19.6 billion. Free cash flow: €10.5 billion.
Kohl’s is not the only department store chain that has struggled in recent years. More than 7,300 retail stores closed last year, a 57% increase from 2023, according to Coresight Research.
Kohl's said that it is shuttering 27 "underperforming" stores across the U.S. by April. One of them is in Massachusetts.
The closures across 15 states are expected to take place by April. Each of the locations set for closure were identified as ...
Jan 28 (Reuters) - Kohl's (KSS.N), opens new tab said on Tuesday it has reduced nearly 10% of its corporate workforce, as the department store chain aims to improve profitability. The company said ...