By james art 
The retail market does not go through its best in the United States. The reason? Inflation. This phenomenon affects all levels of society, from business owners to ordinary families, affecting their purchasing ability and makes them buy smaller products.
On this insatiable and fierce market, where everything is moving too fast, is Kohl, the retail chain that announced that it would near 27 of its stores before April (in addition to closing its distribution center in San Bernardino, California).
There are many people who have been surprised by this news, but for others it is not an isolated case, as Bed Bath & Beyond, Macy’s and Jcpenney, among others, have made similar decisions. Are we witnessing the decline of our country?
What is Kohl?
Kohl’s is a chain of retail stores that sell clothes, shoes, household products, cosmetics and other items – there is everything! It was founded in 1962 in Milwaukee and now there are hundreds of stores across the country.
These stores are different from the rest because they have exclusive brands (such as Nike and Lev) and their own brands that are only in their stores, as well as have very affordable prices and constant discounts so that customers save if they shop a lot in These stores. They also have products of all kinds so you can find everything you need there.
Why do they close the shops?
The company was forced to send a statement about why they made this decision and the main reason for it was that sales had dropped and at this level of execution could not cope with their establishments, so as they were trying to stay on sailing , they decided to concentrate on the stores that import the most goods and to stop those with less productivity.
Tom Kingsbury, CEO of Kohl’s, has made it clear that this measure is part of a restructuring strategy, not goodbye: “We know that these decisions are difficult, but are needed to guarantee the sustainability of our company.”
There are currently more than 1150 stores that are still working throughout the country, so 27 of them are not much in perspective.
What will happen to the workers?
Kohl’s informs all workers and associates of the company affected by this error and have been offered compensation and opens to other Kohl centers.
However, management knows that this is not an easy process and that they are doing everything they can to get back in the long run.
Which shops are closing?
- The 27 stores that close are the following:
- Alabama: Spanish Fortress – 21000 Center Center Avenue.
- Arkansas: Little Rock West – 13909 Chenal Parkway.
- California: Balboa (San Diego), Encinitas, Fremont, Mountain View, Napa, Passon, Sacramento, San Rafael, San Louis Obippo, Westchester.
- Colorado: Aurora.
- Georgia: Dulut.
- Idaho: Boyz.
- Illinois: Plainfield, West Dundee.
- Massachusetts: Stough.
- New Jersey: Eastern Windsor.
- Ohio: Blue ashes, Cincinnati.
- Oregon: Portland Portal.
- Pennsylvania: Potstown.
- Texas: North Dallas.
- Utah: River.
- Virginia: Hardon, Williambsburg.
Closing these stores does not mean that the company is bankrupt, far from it, which means that they must adapt to the current market and its constant changes. However, Kohl will continue to be available through its website to reach the places where he had to close his doors. This will be a decisive moment to know if they can continue to drive the wave or to close and leave the sea forever, we believe that they will be able to return stronger, we love KOHL and its so huge diversity!