Kohl's closing 4 stores

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arizonaguy
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Kohl's closing 4 stores

Post by arizonaguy » January 12th, 2019, 10:03 am

Also opening up 4 small format stores this year.

https://www.marketwatch.com/story/kohls ... 2019-01-10

Locations to be closed are:

Rego Park, NY
Valley Stream, NY
Lenexa, KS
Houma, LA.

wnetmacman
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Re: Kohl's closing 4 stores

Post by wnetmacman » January 15th, 2019, 4:20 pm

arizonaguy wrote:
January 12th, 2019, 10:03 am
Also opening up 4 small format stores this year.

https://www.marketwatch.com/story/kohls ... 2019-01-10

Locations to be closed are:

Rego Park, NY
Valley Stream, NY
Lenexa, KS
Houma, LA.
I can't speak for the other 3, but Houma was a fairly new store (less than 2 years), and was a smaller store. Might be a sign that the newer smaller store format may not work for them.

arizonaguy
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Re: Kohl's closing 4 stores

Post by arizonaguy » January 15th, 2019, 4:46 pm

The Lenexa, KS store was a large store next to a major mall Oak Park Mall.

Kohl's has 3 other stores within close proximity to the closing store (Shawnee, Overland Park, and Olathe).

I think this may be an area where Kohl's is over stored and simply isn't drawing traffic to/from the mall (as the other 3 stores are closer to more "bedroom community" type areas).

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