The department store that wins you over with Kohl’s Cash and deep discounts for cardmembers is downsizing 500 of its stores with three of those being in Milton, Roswell, and Duluth.
Tomorrow’s News Today reports that the move comes as the Wisconsin-based retailer looks to “right size” its stores to better compete in today’s challenging retail climate. The retailer announced the “rightsizing” plan last August and plans to reduce the size of about 500 of the chain’s 1,100+ stores.
In Georgia, this plan will include downsizing stores in Roswell, Milton, Macon, Lawrenceville, Fayetteville, Hiram, Stockbridge, Flowery Branch, Douglasville, Columbus, Austell, Athens, Gainesville and Duluth. As part of the retailer’s rightsizing plan announced last August, Kohl’s said it would reduce the amount of physical space in which it operates at roughly half of its stores.
Kohl’s has said it hopes its new retail tenants like an Aldi and Planet Fitness to the space they create. The Opinionater said:
Kohl’s is downsizing its real estate footprint and Aldi will be Kohl’s first partner to sublease space in its downsized stores
- Kohl’s is adding Aldi to as many as 10 stores this year in a pilot test.
- Kohl’s has also partnered with Amazon to sell Amazon products and accept Amazon returns in its stores.