From Yahoo Finance: 2025-06-17 08:37:00

Kohl’s to close Ohio e-commerce fulfillment center, laying off 768 employees due to improved efficiency at newer centers. Interim CEO states decision is necessary for operational discipline and cost efficiency. Company previously closed California facility and faces challenges with tariffs on imported goods.

Amidst layoffs and executive shakeups, Kohl’s plans to spend $400-425 million on capital expenditures, including expanding an e-commerce fulfillment center in Indiana. Interim CEO Bender takes over after predecessor’s firing for conflicts of interest. Company remains committed to supply chain investments despite challenges.

Read more: Kohl’s to close Ohio fulfillment center, lay off 768