Kohl's Stabilizes Stores, Focuses on Productivity
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Kohls maintains store count, focuses on profitability: Despite closing stores last year, Kohls plans no additional closures in 2026, with over 90% of stores now profitable. The retailer aims to boost productivity through better inventory and merchandising, amid tough competition from online and discount players. Net sales dropped 3.9% in the latest quarter, with comparable sales down 2.8%. Kohls expects flat or slightly lower sales in 2026, pushing value promotions across stores and online. Analysts are divided on the retailers prospects, with the stock falling over 37% this year.
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