
Kohl's Stabilizes Stores, Focuses on Productivity
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Kohls maintains store count, focuses on profitability: Despite closing stores last year, Kohls plans no additional closures in 2026, with over 90% of stores now profitable. The retailer aims to boost productivity through better inventory and merchandising, amid tough competition from online and discount players. Net sales dropped 3.9% in the latest quarter, with comparable sales down 2.8%. Kohls expects flat or slightly lower sales in 2026, pushing value promotions across stores and online. Analysts are divided on the retailers prospects, with the stock falling over 37% this year.
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Durham News Today | 2 Min News | The Daily News Now! — Kohl's Stabilizes Stores, Focuses on Productivity. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On this March 21st in Durham, here's what is making headlines. Cole's is holding steady on its store count heading into next year. The retailer, with about 1,150 locations still open, says it has no plans for additional closures in 2026. Over 90% of those stores are now running profitably, marking a shift from past cutbacks to fine-tuning operations. This comes after closing 27 stores across 15 states last year, along with one distribution center to trim costs. Instead of expanding or shrinking further, the company is focusing on boosting productivity in its current footprint through better inventory and merchandising. Shoppers and investors have mixed feelings of mid-tough competition from online players like Amazon and discount spots like TJ Maxx. Consumers are hunting bargains more than ever, and Cole saw net sales drop 3.9% in his latest quarter, with comparable sales, down 2.8%. Entrepreneurship emits past inventory missteps heard sales, but points to gains in proprietary
brands, like 26% growth in women's apparel. For 2026, they expect flat or slightly lower sales while pushing value promotions across stores and online. Analysts are split, with some rating at a sale and others neutral, as the stock has fallen more than 37% this year, like Macy's and others closing dozens of spots. All success now hinges on execution to turn these fixes into real growth.
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