Kohl’s is an American department store chain founded in 1962. The company is headquartered in Menomonee Falls, Wisconsin, and has 1,158 stores in 49 states as of February 2019. Kohl’s is the second-largest department store chain in the United States after Macy’s, and has more than twice as many stores as J.C. Penney.
In 2021, Kohl’s is going out of business.
The company has been struggling financially for several years, and has been forced to close several stores. Kohl’s has been unable to compete with online retailers such as Amazon, and has been losing market share. In addition, the COVID-19 pandemic has had a devastating effect on the company’s sales. Kohl’s has announced that it will be liquidating its assets and shutting down all of its stores by the end of 2021.
Kohl’s is going out of business in 2021. The company has been struggling financially for several years and has been forced to close several stores.
Kohl’s has been unable to compete with online retailers such as Amazon and has been losing market share. Kohl’s will be liquidating its assets and shutting down all of its stores by the end of 2021.
