Business

Kohl’s to open 100 small-format shops, extend Sephora retail outlets


A couple of consumers arrive at a Kohl’s, Nov. 26, 2021, in Everett, Mass. The dep. retailer chain stated it targets to extend gross sales by means of a low-single-digit share yearly, with plans to open 100 new small-format shops within the subsequent 4 years and extend its Sephora-branded retail outlets to 850, amongst different strikes. Kohl’s introduced its long-term objectives on Monday, March 7, 2022 forward of the corporate’s annual investor assembly because it faces expanding drive from activist buyers. (JOSH REYNOLDS/AP)


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