After Macy’s, Kohl’s closes 27 stores and cuts 10% of its workforce

In the USA, while Macy’s is closing 66 stores and laying off 3.5% of staff (2,350 jobs), department store chain Kohl’s (1,100 stores in Q3) has announced the closure of 27 stores by April 2025. As a result, 10% of the workforce will be cut, according to the Wall Street Journal. These 400 job losses affect roles at headquarters and in the field. An e-commerce hub (San Bernardino, California) will also close. The preparation of online orders will be transferred directly to the store. In the...