Little Rock, Arkansas – Prominent American department store company Kohl’s announced its intentions to eliminate 27 of its underperforming stores across 15 states by April 2025 in a strategic move to revive its business and improve profitability. The decision fits the company’s larger restructuring initiatives meant to navigate a challenging retail environment defined by declining revenues and a major turn toward internet shopping.
Among the closures is a West Little Rock store at 13909 Chenal Parkway, one of eight Kohl’s stores across the state. This closing of a store shows the company’s dedication to optimizing its portfolio of stores in order to concentrate on more profitable segments.
headquartered in Menomonee Falls, Wisconsin, Kohl’s also disclosed that its e-commerce fulfillment center run since 2010 in San Bernardino, California is scheduled to close in May 2025. The company said that improvements in its logistics and supply chain have allowed them to immediately fulfill online orders from store locations, therefore eliminating the need for a large-scale fulfillment center.
The announcement comes with a change in Kohl’s’ leadership. Tom Kingsbury, the current CEO, will step down from his role on January 15, transitioning to an advisory role and continuing his service on the board until his retirement in May 2025. Previously CEO of Michaels Companies, Ashley Buchanan, is poised to succeed Kohl. As Kohl’s tries to retake its market share, this leadership change is a part of a larger effort by the company to provide new concepts and energy into its activities.
Courtesy of Kohl’s
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The company wants to keep its personnel and minimize the effect on its team members, thus employees impacted by the store closures have been informed and given either a competitive severance compensation or the chance to apply for open positions at other Kohl’s stores.
Many conventional stores are suffering similar challenges at the time the series of closures and strategic changes takes place. Macy’s similarly revealed intentions to close 66 of its shops this year, underscoring a continuous trend of physical store closings in the retail sector as consumer behavior moves towards bigger online purchasing just before Kohl’s headlines.
Courtesy of Kohl’s
Kohl’s anticipates a 7% to 8% drop in sales for 2024; final data will be released in February 2025. These actions demonstrate the company’s proactive approach to simplify processes and concentrate on long-term development plans among a fast-changing retail market.
These are the locations Kohl’s plans on closing:
Alabama
- 21000 Town Center Ave. (Spanish Fort)
Arkansas
- 13909 Chenal Pkwy (Little Rock)
California
- 5505 Balboa Ave. (San Diego)
- 134 N. El Camino Real (Encinitas)
- 43782 Christy St. (Fremont)
- 350 Showers Dr. (Mountain View)
- 1116 1st St. (Napa)
- 4525 Rosewood Dr. (Pleasanton)
- 1896 Arden Way (Sacromento)
- 5010 Northgate Dr. (San Rafael)
- 205 Madonna Rd. (San Luis Obispo)
- 8739 S. Sepulveda Blvd. (Westchester)
Colorado
- 6584 S. Parker Rd. (Aurora)
Georgia
- 2050 W. Liddell Rd. (Duluth)
Idaho
- 400 N. Milwaukee St. (Boise)
Illinois
- 11860 S. Route 59 (Plainfield)
- 3000 Spring Hill Ring Rd. (West Dundee)
Massachusetts
- 501 Technology Center Dr. (Stoughton)
New Jersey
- 72 Princeton Hightstown Rd. (East Windsor)
Ohio
- 4150 Hunt Rd. (Blue Ash)
- 100 Cincinnati Mills Dr. (Cincinnati)
Oregon
- 10010 NE. Halsey St. (Portland)
Pennsylvania
- 351 W. Schuylkill Rd. (Pottstown)
Texas
- 18224 Preston Rd. (Dallas)
Utah
- 13319 S. 3600 W. Suite 13LOT (Riverton)
Virginia
- 2100 Centreville Rd. (Herndon)
- 100 Gristmill Plaza (Williamsburg)
