Kohl’s is one of the most popular department stores in the United States. However, due to the COVID-19 pandemic, Kohl’s has been forced to close many of its stores across the country.
While some stores have reopened, many are still closed and it is unclear when they will reopen. This has led to speculation that Kohl’s may be forced to close permanently in 2021.
Kohl’s has been struggling financially for several years, even before the pandemic struck. The pandemic has only made things worse for the company.
In addition to closing stores, Kohl’s has also laid off a significant number of employees. The company has also been forced to cancel its holiday sales and promotions. All of these factors have led to speculation that Kohl’s may not be able to survive much longer.
There is no doubt that the COVID-19 pandemic has had a devastating effect on Kohl’s. However, it is still too early to say whether or not the company will be forced to close permanently in 2021. Only time will tell if Kohl’s will be able to weather this storm.
It is still too early to tell if Kohl’s will be closing its doors permanently in 2021 due to the financial struggles it has been facing pre-pandemic and now because of the mandatory closures of its stores across the nation. Only time will tell if this popular department store will be able to make a comeback or if it will succumb to the pressure that COVID-19 has put on businesses worldwide.
