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Story summary
- Michael Bender, Kohl's Chief Executive Officer, said no store closures are planned this year, despite 27 stores closing in 2025.
- He noted that over 90% of Kohl's 1,150 locations remain profitable.
- Bender said the company will optimize existing stores rather than closing more.
- Kohl's reported a 2.8% decline in sales last quarter, with Bender aiming to attract customers through private-label brands, discounts, and partnerships with Sephora and Babies "R" Us.
