Analyst: Kohl’s layoffs necessary after 2019 lag

Kohl’s Corp.’s recent announcement of 250 layoffs came with a disclaimer: “It is important to note that Kohl’s is in a position of financial strength.” Retail industry analyst David Swartz isn’t so sure. “If their business was in better shape, I don’t think they would have done this,” said Swartz, an equity analyst in the … Continue reading Analyst: Kohl’s layoffs necessary after 2019 lag