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Kohl’s to Close 27 ‘Underperforming’ Stores by April, CEO Stepping Down

Department store chain Kohl's has announced it will close 27 “unprofitable” stores and distribution centers by this spring, just one month after rival chain Macy's announced it would close 150 stores. Kohl's is headquartered in Menomonee Falls, Wisconsin. said on January 9th press release Scheduled closures include Alabama, Arkansas, California, Colorado, Georgia, Idaho, Illinois, Massachusetts, […]

Kohl’s to close 27 stores nationwide — including 10 in California

Struggling department store chain Kohl's has announced it will permanently close 27 “unprofitable” stores in 14 states, including 10 in California alone, in an emergency move to avoid bankruptcy. The company announced this in a press release. contained a list of locations It will be closed permanently. The closure is expected to be complete by […]

Japanese Yen remains close to multi-month low against US Dollar – FXStreet

The Japanese yen continues to fall due to fluctuations in expectations for the Bank of Japan's interest rate hike. au Jibun Bank Service PMI was revised downward to 50.9 from 51.4 in December. Amid the Fed's hawkish stance, the US dollar is near a two-year high, supporting USD/JPY. The Japanese yen (JPY) attracted new sellers […]

Seattle Restaurant Owner Cries After Minimum Wage Hike Forces Her to Close

A small business owner in Seattle, Washington, says he's been “crying every day” about his restaurant closing due to the state's new minimum wage hike to more than $20 an hour. Democratic-controlled cities law Breitbart News reported that the minimum wage increase from $19.97 to $20.76 went into effect on the first day of 2025. […]