The store on Princeton Hightstown Road in East Windsor was the only Kohl's location in the tri-state area that is slated for closure.
Kohl’s said Friday it was closing 27 underperforming stores in 15 states by April — a fraction of its 1,150 store base — as the struggling department store aims to boost profitability and improve sagging sales.
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 of employees affected. It said workers have been informed and have been offered a “competitive severance package” or the chance to apply to other open roles at Kohl’s. The list deemed for closing includes 10 in California.
The announcement is part of a strategy announced in February 2024, that calls for shuttering roughly 150 underproductive stores while upgrading its remaining 350 stores through fiscal 2026. The closings come as Macy's is looking to improve its sales as shoppers have pulled back on discretionary items amid still high inflation.
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