2 San Diego County Kohl's stores among dozens to close this weekend. Here's where
Kohl's is closing 27 underperforming stores across the United States, with two locations in San Diego County set to shut down on March 29, 2025. The specific stores affected are in Balboa and Encinitas, part of a larger strategy to streamline operations. In January, the company announced the closures, stating that these locations did not meet performance expectations. CEO Tom Kingsbury acknowledged the difficult nature of such decisions, highlighting their importance for the company's long-term growth. Employees at the closing stores were notified and offered severance packages or opportunities to transfer to other open positions within the company.
This closure is part of a broader trend in the retail sector, where many retailers are re-evaluating their physical store presence amid changing consumer behaviors. The closures also reflect Kohl's commitment to focusing on its profitable store base while addressing underperforming assets. As the retail landscape evolves, these strategic decisions are crucial for maintaining competitiveness and operational efficiency.