Kohl’s to Close 27 Stores Nationwide, Including Two in Ohio
Kohl’s is shutting down 27 underperforming stores, with two closures in Ohio, raising questions about local retail options.
Kohl’s, Ohio, Cincinnati, Store Closures, Retail
Cincinnati: So, it looks like Kohl’s is closing 27 stores across the country, and two of those are right here in Ohio. The stores in Zanesville and New Philadelphia will stay open, but the ones in Cincinnati are on the chopping block.
Tom Kingsbury, the CEO of Kohl’s, mentioned that these decisions are tough but necessary for the company’s future. They’re trying to focus on long-term growth, which means making some hard calls.
For the employees affected, Kohl’s is offering severance packages or the chance to apply for other jobs within the company. It’s a tough situation, but they’re trying to help out where they can.
In Ohio, Kohl’s has around 60 stores, so while it’s sad to see some go, there are still plenty of options left. If you’re in the Cincinnati area, you might want to check out the other locations before they close.
It’s not just Kohl’s either; Joann Fabrics is also closing some stores after their bankruptcy. Retail is really changing, and it’s something to keep an eye on.