Kohl’s

Kohl’s said that it is cutting 10% of its corporate workforce as the struggling company works to improve profitability. It previously announced it would close 27 stores.

Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The company published a list of the locations late last week.

Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.

Babies "R" Us shops will start to appear in Kohl’s this fall. The retailer said Thursday the first of the Babies "R" Us at Kohl’s sections have already launched.

Shares of Kohls Corp. plunged as much as 25% on Thursday after the retailer reported a surprise loss in the first quarter and cut its forecast for the year.

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Several major retailers are closing their doors this Thanksgiving to give their workers some time off. However, a handful of companies will be open for limited hours.

Kohl's withdrew its sales and profit forecasts following a third-quarter earnings report that revealed revenue decline amid record-high inflation.

Kohl's CEO Michelle Gass, who joined the retailer in 2013, will step down next month. The company named Tom Kingsbury as interim CEO until it finds a permanent replacement.

Sources familiar with the matter told FOX Business that Ancora believes Kohl's board member and former Burlington Stores CEO Thomas Kingsbury could work as a possible successor to either Gass or Boneparth.

Just as Bed Bath & Beyond did, this struggling retail giant is looking for a new buyer to liquidate its real estate assets to improve its financial situation.

High inflation has made Americans less inclined to spend on clothing, shoes and other non-essentials, pressuring demand at retailers and leaving them with bloated inventories.

Kohl's received an initial bid of $60 per share from The Vitamin Shoppe owner valuing the retailer at about $8 billion. However, it later submitted a revised $53 per share offer without definitive financing arrangements to consummate a transaction.

Here are the key events taking place on Wednesday that could impact trading including the DOE's inventory, U.S. trade gap and retail news.

The company said it expects fiscal 2022 per share adjusted earnings of $6.45 to $6.85, compared with its previous forecast of $7.00 to $7.50.

The Federal Trade Commission has launched lawsuits against Walmart and Kohl's, claiming false advertising on a wide range of "bamboo" products.

Private-equity firm Sycamore Partners and Canada’s Hudson’s Bay plan to submit takeover bids for Kohl’s Corp. that could value Kohl’s above $9 billion, according to people familiar with the matter.

Kohl's is aiming to become the retailer of choice for the active and casual lifestyle and a destination for iconic national brands as it faces pressure from activist investors to pursue a sale.

On Tuesday, Kohl's revealed a list of 400 additional stores in 36 states, from Alaska to Maine, that will have a Sephora at Kohl’s shop.

Kohl's shoots down a takeover offer, and investors are taking the snub in stride.