Kohl's to Shutter All Its Discount Stores
Kohl’s Corp. is shutting down all four of its Off/Aisle discount stores.
The Off/Aisle locations, three in Wisconsin and one in New Jersey, will close on August 3, reported the Milwaukee Journal Sentinel. Kohl’s debuted the off-price format in 2015 in Cherry Hill, NJ. The company went on to open three additional locations, all in the Milwaukee area.
The store was designed to sell deeply discounted merchandise that customers had returned to Kohl’s full-price stores or from online orders.
“While we’ve learned a lot from the tests, we also learned that our strength and ongoing improvements in inventory management across the company do not allow us to appropriately stock Off/Aisle stores at scale,” Jon Grosso, an executive VP at Kohl’s, wrote in a memo to store employees, according to the report.