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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.
Kohl's (stylized in all caps) is an American department store retail chain, operated by Kohl's Corporation. 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.
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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.
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The MainStreet chain was sold by Campeau Corporation, then-owners of Federated, in order to reduce debts following Campeau's buyout of Federated. [3] Kohl's acquired twenty-six of the twenty-nine MainStreet locations in 1988 for $90 million, [ 4 ] [ 5 ] and converted them to the Kohl's nameplate in March 1989.
A pair of shoppers arrive at a Kohl's, Nov. 26, 2021, in Everett, Mass. The department store chain said it aims to increase sales by a low-single-digit percentage annually, with plans to open 100 ...
The officially stated goals of the foreign policy of the United States of America, including all the bureaus and offices in the United States Department of State, [1] as mentioned in the Foreign Policy Agenda of the Department of State, are "to build and sustain a more democratic, secure, and prosperous world for the benefit of the American people and the international community". [2]