Kohl's Corp. says it will close a small fraction of brick-and-mortar stores as it meets the needs of its online customers.
Kohl's closure of 18 stores this year is a shift away from its aggressive expansion of stores in recent years across the country. CEO Kevin Mansell says the stores to be closed account to less than 1 percent of the company's sales.
Kohl's has eight locations in central Ohio, however none are impacted by the closures.
The Menomonee Falls retail chain reported fiscal fourth-quarter earnings of $296 million Thursday on net income of $1.58 per share. The results exceeded Wall Street expectations. The department store operator posted revenue of $6.4 billion for the quarter.
Full list of stores that are closing:
- Arcadia, CA
- Cypress, CA
- Ladera Ranch, CA
- Mira Mesa, CA
- Rancho Cordova, CA
- Santa Ana, CA
- San Jose East, CA
- Upland South, CA
- West Hills, CA
- Hialeah, FL
- Tallahassee, FL
- Holcomb Bridge, GA
- Lithonia, GA
- Northlake Mall, GA
- Saint Charles, IL
- Pineville, NC
- Princeton, NJ
- Brown Deer, WI
