Kohls Corp

Kohl's will not execute a major round of store closures in 2026, management stated, following 27 shutdowns last year. However, the retailer continues to grapple with declining sales and weak customer traffic.

Kohl's has shuttered a store in Sault Ste. Marie, Michigan, amid a 2.8% decline in comparable sales and a 5% drop in foot traffic last quarter. The retailer faces mounting pressure as budget competitors like Ross Stores attract more shoppers.

Kohl's stock climbed 7% to $18.58 after launching a nationwide 'Deal Bar' with items under $10, outperforming a flat broader market. Investors now await the March 10 earnings call.