According to a report from CNBC, Kohl’s is closing stores in 2021. The report cites an email from Kohl’s CEO Michelle Gass, who said that the company is closing “underperforming” stores in an effort to focus on its “most profitable” locations. CNBC notes that this is not the first time Kohl’s has closed stores, as the company shuttered 43 locations in 2020.
Kohl’s has not yet announced which stores will be closing, but the move comes as many retailers are struggling due to the pandemic. Macy’s, JCPenney, and Nordstrom have all announced store closures in recent months.
It is unclear how many jobs will be lost as a result of the store closures.
Kohl’s did not immediately respond to a request for comment.
Are Kohl’s stores closing in 2021?
According to a report from CNBC, it appears that Kohl’s may be closing some of its stores in 2021. This comes as many retailers are struggling due to the pandemic. While it is unclear how many stores or jobs will be lost as a result of the closures, this is sure to have an impact on those who are employed by Kohl’s.
