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Add Kohl’s to List of Retailers Furloughing Employees as CEO Forgoes Salary

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

Kohl’s Corp. has extended the duration of its temporary store closures and will furlough employees to strengthen its financial liquidity. The workers who will be furloughed are store and store distribution center associates, as well as some corporate office staff whose work has been reduced by the store closures due to the coronavirus. While the…

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