WH Smith, a prominent British retailer, has confirmed that it is exploring strategic options for its UK high street business, including the possibility of a sale. This decision comes after media reports suggested the company was in secret talks about selling its high street division, which consists of over 500 stores across the UK. While […]
Tag: retail news
Kohl’s to Close 27 Underperforming Stores Across the U.S. as Part of Profitability Strategy
Kohl’s is set to close 27 underperforming stores in various states as part of its efforts to improve profitability and streamline operations. This move is a small fraction of Kohl’s total 1,150 stores. Struggling with Changing Consumer Behavior Facing challenges from shifting consumer behavior, Kohl’s has experienced a decline in sales, particularly during the holiday […]