Wednesday, June 12, 2019

Kohl's will close Off/Aisle discount stores, company tells employees

Journal Sentinel
Kohl's will close its Off/Aisle stores, ending a four-year-old foray into discount retailing, the company told employees Tuesday.

The four Off/Aisle locations — in Wauwatosa, Brown Deer, Waukesha and Cherry Hill, New Jersey — will close on Aug. 3, Jon Grosso, an executive vice president, said in a memo to staff.

Grosso's message suggested that the discount outlets are being shuttered not because they were unsuccessful, but because improved inventory management at regular Kohl's department stores has left the firm unable to supply the Off/Aisles with enough merchandise. . . . more