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Kohl's has slashed about 10% of its corporate workforce. The move comes weeks after the struggling retailer announced it would be closing 27 "underperforming" stores in 15 states by April.
Tom Kingsbury. Thomas A. Kingsbury (born 1952) [1] is an American businessman and the Chief Executive Officer of Kohl's Department Stores as of 2023, after the departure of CEO Michelle Gass who assumed the same position at Levi Strauss.
Kohl's Corporation is an American department store retail chain.It currently has 1,165 locations, operating stores in every U.S. state except Hawaii.The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee, Wisconsin, in 1927.
The firm then expanded Kohl's presence from 10 to 39 stores in Wisconsin. The grocery stores were sold to A&P in 1983, [8] [9] operating under the name Kohl's Food Store, and later Kohl's Food Emporium. In February 2003, A&P put the Kohl's Food Stores up for sale, [10] as part of an effort to reduce debt. That same year, A&P closed all Kohl's ...
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