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Kohl's plans to trim its square footage, but not how you might think

from CNBC

After closing 19 stores in 2016, Kohl's executives said that the chain will continue whittling its square footage over time. But that doesn't necessarily mean it will have fewer locations. Instead, as competitor Macy's moves forward with its plan to shutter 100 locations, Kohl's CEO Kevin Mansell is looking for opportunities to move his company out of some of its cavernous stores and into smaller shops. more


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