🔴 Kohl’s Store Closures

March 18th, 2026· 1.7K views· 0:48
Benzinga
Benzinga

Kohl’s ($KSS) is making a major strategic shift in 2026. After closing 27 underperforming stores in 2025, CEO Michael Bender says the company has no plans for additional mass store closures. Instead, Kohl’s will focus on improving productivity across its remaining 1,150 locations, with over 90% of stores currently profitable. However, the company still faces significant challenges. Kohl’s recently reported a 3.9% decline in fourth-quarter net sales, along with a 2.8% drop in comparable store sales, signaling ongoing pressure from changing consumer behavior and competition in the retail sector. To address this, Kohl’s is introducing new in-store strategies, including a “Deal Bar” featuring items priced at $10 or less, aimed at attracting budget-conscious shoppers and increasing foot traffic. Investors are now watching closely to see whether this shift toward store optimization and value-focused merchandising can reverse declining sales trends. With competitors like Target ($TGT), Amazon ($AMZN), and Macy’s ($M) continuing to evolve their own strategies, Kohl’s next move could determine its long-term position in the retail market. KSS stock was trading around $12.60 premarket, with elevated short interest and an oversold RSI, adding further attention to the company’s turnaround efforts. #kohls #kss #storeclosures 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday