Kohl's is set to close 27 stores across 15 states on March 29, 2025, as part of its strategy to address declining sales.

This decision follows a troubling trend for the retailer, which has reported 11 consecutive quarters of sales declines.

In fact, Kohl's experienced a 9.4% decline in sales during the fourth quarter of 2024 and a total annual decrease of 7.2%, with further declines projected for 2025.

The company's profit for 2024 was $109 million, reflecting a significant 65.6% drop from the previous year.

The store closures are part of a broader transformation effort that includes a 10% reduction in the corporate workforce and the discontinuation of Amazon returns at some locations.

These closures highlight a larger trend in the retail sector, where many chains are consolidating and shutting down underperforming locations.

California will be hit hardest, losing 10 stores along with an e-commerce fulfillment center, while other affected states include Texas, New Jersey, and Virginia.

Employees at the closing stores have been informed and offered severance packages or the chance to apply for other roles within the company.

Kohl's expressed gratitude to its employees in a press release, recognizing their contributions during this challenging transition.

The final day for these closures is set for March 29, 2025, marking a significant shift for the retailer.

Notably, the Salisbury, Maryland store and other locations like the one in East Windsor, New Jersey, will remain open despite the closures.

Kohl's CEO Tom Kingsbury emphasized that these difficult decisions are necessary for the company's long-term health and growth.