The complete list of all closing Kohl’s stores across the country has finally been published by the Wisconsin-based retailer. According to the department store chain, half of all the closing stores are in California, three are in Georgia, and the rest are spread nationwide.
All of Kohl’s closing stores are scheduled to close on June 19, except one Georgia store, which will close its doors on November 1, reports Cleveland on March 18. The official announcement of the closing Kohl’s stores was made this week via the Kohl’s Update on 2016 Real Estate Plans.
According to the announcement, the following 18 Kohl’s stores will be closing:
1. Arcadia, CA – 7279 N. Rosemead Blvd., San Gabriel, Calif.
2. Cypress, CA – 10201 Valley View St., Cypress, Calif.
3. Ladera Ranch, CA – 27426 Antonio Parkway, Ladera Ranch, Calif.
4. Mira Mesa, CA – 8140 Mira Mesa Blvd., San Diego, Calif.
5. Rancho Cordova, CA – 11051 Olson Drive, Rancho Cordova, Calif.
6. Santa Ana, CA – 1351 W. 17th St., Santa Ana, Calif.
7. San Jose East, CA – 2323 McKee Road, San Jose, Calif.
8. Upland South, CA – 233 S. Mountain Ave., Upland, Calif.
9. West Hills, CA – 6651 N. Fallbrook Ave., West Hills, Calif.
10. Hialeah, FL – 700 W. 49th St., Hialeah, Fla.
11. Tallahassee, FL – 6785 Thomasville Road, Tallahassee, Fla.
12. Holcomb Bridge, GA – 2342 Holcomb Bridge Road, Roswell, Ga.
13. Lithonia, GA – 2929 Turner Hill Road, Lithonia, Ga. – Note: The Lithonia, Ga. store will close November 1, 2016.
14. Northlake Mall, GA – 4820 Briarcliff Road, Atlanta, Ga.
15. Saint Charles, IL – 3840 E. Main St., Saint Charles, Ill.
16. Pineville, NC – 9579 S. Blvd., Charlotte, N.C.
17. Princeton, NJ – 200 Nassau Park Blvd., Princeton, N.J.
18. Brown Deer, WI – 9060 N. Green Bay Road, Brown Deer, Wis.
At an average, 80 to 100 employees are working at each store, meaning that a total of 1,440 to 1,800 employees are affected by the store closings. The company is offering those employees to either move to other Kohl’s stores nearby or get a severance package this summer.
Kohl’s decision to close the above stores was made back in February and came after disappointing fourth quarter reports:
“To reach this decision, Kohl’s conducted a comprehensive review of all of the markets across the country to understand every element that contributes to making a store successful – from review of the other stores in each trade area, to the rent and expenses involved in operating any location, to how each customer base is evolving and adapting to the company’s integrated omnichannel efforts.”
The “integrated omnichannel efforts” that the company is referring to includes Kohl’s move to more online sales and smaller stores:
“Consistent with the business announcement made on February 25, 2016, Kohl’s plans to implement the following in 2016 as part of the company’s ongoing efforts to find new and innovative ways to drive sales:
• Pilot seven new smaller format Kohl’s stores in various regions around the country;
• Add two additional Off/Aisle pilot stores in Wisconsin; and
• Open 12 Fila outlet stores, marking Kohl’s first entry into the outlet space.”
While Kohl’s uses captivating words like “integrated omnichannel efforts” in its announcement, the company makes it clear that the move to close the above stores comes down to the value for shareholders:
“Kohl’s also continues to explore ways to enhance shareholder value through the optimization of its existing store portfolio.”
Since everything does come down to being able to make a profit, it is no surprise that nine of the 18 closing Kohl’s stores are located in California, especially in Southern California, where the real estate market and operating expenses are out of this world – not just for Kohl’s.