One strategy many retail and restaurant chains have been taking lately is closing locations that are not performing well. Foot Locker, CVS, TGI Fridays, Sears, Family Dollar, Pizza Hut, Walgreens, Walmart, Red Lobster, Boston Market, Best Buy, Applebee's, Pizza Hut and plenty of others have shuttered stores and restaurants, and now, Kohl's is doing it as well. The department store chain just announced that 27 stores in "underperforming locations" will be closed by April. The news comes after the company has seen 11 consecutive quarters of sales declines.
A press release from Kohl's laid out the plans, explaining how all the associates who work at the affected stores have been informed and were "offered a competitive severance package or the ability to apply to other open roles at Kohl's." In addition, Kohl's CEO Tom Kingsbury stated, "We always take these decisions very seriously. As we continue to build on our long-term growth strategy, it is important that we also take difficult but necessary actions to support the health and future of our business for our customers and our teams."
The good news for fans of the store is that even though 27 locations will close, the chain will still have over 1,100 stores nationwide. As for the affected locations, they are:
Alabama
- Spanish Fort — 21000 Town Center Ave.
Arkansas
- Little Rock West — 13909 Chenal Pkwy.
California
- Balboa (San Diego) — 5505 Balboa Ave.
- Encinitas — 134 N El Camino Real
- Fremont — 43782 Christy St.
- Mountain View — 350 Showers Dr.
- Napa — 1116 1st St.
- Pleasanton — 4525 Rosewood Dr.
- Point West (Sacramento) — 1896 Arden Way
- San Rafael — 5010 Northgate Dr.
- San Luis Obispo — 205 Madonna Rd.
- Westchester — 8739 S Sepulveda Blvd.
Colorado
- Arapahoe Crossing (Aurora) — 6584 S Parker Rd.
Georgia
- Duluth — 2050 W Liddell Rd.
Idaho
- Boise — 400 N Milwaukee St.
Illinois
- Plainfield — 11860 S Route 59
- Spring Hill (West Dundee) — 3000 Spring Hill Ring Rd.
Massachusetts
- Stoughton — 501 Technology Center Dr.
New Jersey
- East Windsor — 72 Princeton Hightstown Rd.
Ohio
- Blue Ash — 4150 Hunt Rd.
- Forest Park (Cincinnati) — 100 Cincinnati Mills Dr.
Oregon
- Portland Gateway — 10010 NE Halsey St.
Pennsylvania
- Pottstown — 351 W Schuylkill Rd.
Texas
- North Dallas — 18224 Preston Rd.
Utah
- Riverton — 13319 S 3600 W Ste 13LOT
Virginia
- Herndon — 2100 Centreville Rd.
- Williamsburg — 100 Gristmill Plz