3-8-22 kohls to open small format stores, expand sephora shops
NEW YORK (AP) — Department store chain Kohl’s said it aims to increase sales by a low-single-digit percentage annually. The retailer plans to open 100 new small-format stores in the next four years and expand its partnership with Sephora to be a $2 billion business, among other moves. Kohl’s announced its long-term goals on Monday ahead of the company’s annual investor meeting. The chain faces increasing pressure from activist investors. […]