Kohl's CEO: No Major Store Closures, Focus on Productivity
Mesa News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Kohls CEO Bender assures no major store closures this year, focusing on optimizing current stores and boosting productivity. Despite falling sales and intense retail competition, Kohls aims to improve profits by cutting jobs and adjusting inventory. Sales for the latest quarter fell short of expectations, but investors reacted positively to the companys focus on steady improvement.
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