On Jan. 9, Kohl’s announced the closure of its Fremont store on 43782 Christy St. The store is expected to close by April of this year.
Fremont’s Kohl’s opened in 2004 in the Pacific Commons Shopping Center. What was once a bustling hub for apparel shoppers is now mostly desolate even on the weekends. But it’s not just Kohl’s experiencing this ghost town effect. Data from Statista shows the total yearly revenue of U.S. department stores is $136B, $49B short of what it was 10 years ago. With more people getting their goods online, it’s a trend expected to continue. But some still prefer an in-person shopping experience.
“First the Macy’s closing news and now this, it’s sad,” said resident Tina Martinez.
Additionally, the retailer will shutter 27 stores across its network of more than 1,150 locations, citing underperformance as the primary factor.
Kohl’s assured employees they have been informed and will be offered severance packages or opportunities to apply for other roles within the company.
“We always take these decisions very seriously,” said Tom Kingsbury, Kohl’s CEO. “As we continue to build on our long-term growth strategy, it is important that we also take difficult but necessary actions to support the health and future of our business for our customers and our teams.”
