PHILADELPHIA (WPVI) — Kohl’s has announced the closure of more than two dozen stores, and some locations in our region will be among those impacted.
The department store chain said Thursday the 27 underperforming stores will be closed by April.
The stores that will be shutting their doors include the locations at 351 W Schuylkill Rd. in Pottstown, Pa. and 72 Princeton Hightstown Rd. in East Windsor Twp., N.J.
The announcement comes as the Wisconsin-based chain has posted 11 consecutive quarters of sales declines and faces new leadership.
Michaels CEO and retail veteran Ashley Buchanan will take over the chain’s top job, effective Wednesday, succeeding Tom Kingsbury, who will stay as an adviser to the new CEO and retain his position on Kohl’s board until his retirement this May.
Kingsbury served as Kohl’s interim CEO in December 2022 and was named its permanent leader in February 2023.
Kohl’s declined to disclose the number …