The rise and fall of Kohl`s, the Midwestern department store that took over the nation with discounts and celebrity partnerships


The rise and fall of Kohl`s, the Midwestern department store that took over the nation with discounts and celebrity partnerships


  • Kohl`s, the Midwestern-based department store chain, is struggling to find its footing as the retail apocalypse rages on
  • The company announced a major reorganization on February 12 that involves the elimination of 250 jobs, including several employees at the regional management level.

  • Here`s the story of the company`s rise to big-box dominance and its eventual fall from consumer sentiments.

Like several of its department store peers, Kohl`s is struggling to regain traction in an uncertain retail landscape. 

Though the company hasn`t been shy to innovate — including testing off-price store models and teaming up with Amazon on an in-store return program — it seems it hasn`t been enough to stave off the ongoing retail apocalypse. The Wisconsin-based retailer announced on February 12 that it will cut 250 jobs, including several employees at the regional management level, as part of a major reorganization plan in response to dwindling sales...

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RSK: I personally hope they can right the ship. I shop there often because I can find brand name merchandise at a reasonable price, they are very helpful, convenient and want to make things work for you. Good luck to you.

Ken Notes: I believe that Kohl`s has the secret sauce and can survive, but they need to clean up the stores, they were a mess after Christmas, and reduce the inventory to what is best because that is why we go there.

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- - Volume: 8 - WEEK: 8 Date: 2/18/2020 8:25:05 AM -