Report: Kohl’s to shutter four stores and a customer-service center
Kohl’s is making several moves to lift its performance.
Kohl’s Corp. plans to close four “lower performing” stores this year, shutter its customer-service center in Dallas, and offer a retirement program to long-time employees 55 and older, reported Marketwatch, which cited a filing by the retailer late Thursday.
Kohl’s will close two locations in New York — in Rego Park and Valley Stream— along with one in Lenexa, Kan., and one in Houma, La., the report said. The stores are closing for “a variety of reasons, including real estate and other operational costs,” the company said in the filing. Kohl’s plans on opening four smaller stores, keeping the store count at 1,158.
On Thursday, Kohl’s reported a modest same-store sales increase for the holiday period, and lifted its outlook.
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