KOHL’s corporate workforce against the background of retail struggles – Globalcosmeticsnews

What? Kohl’s reduces approximately 10% of its corporate workforce, affecting less than 400 positions.

Details

• More than half of the work reduction involves eliminating unfilled positions, while the other cuts affect the roles in Kohl’s headquarters in menomoni Falls, Wisconsin.

• The dismissals come along with the plans to close 27 stores for lower results and the Electronic Commerce Center in San Bernardino, California.

Kohl employs about 96,000 people, working most in their stores. The company had previously reduced the inventory and removed certain categories of products to make way to Sephora and Babies “R” US in stores in stores. However, these moves alienated some longtime customers, contributing to a decline in sales.

Why? The decision follows the recent appointment of Executive Director Ashley Buchanan and the trader’s constant efforts to stabilize his business after a period of sales reduction.