Kohl's to shutter 27 stores, fulfillment center to bolster profits

After nearly 3 years of slowing sales and amid an already challenging environment for department stores, Kohl’s (NYSE:KSS) will close its San Bernardino fulfillment center, and 27 underperforming stores, a measure the company hinted at last quarter. “We are not satisfied with our performance in 2024 and are taking aggressive action to reverse the s...