Medicine

Kohl's shrinking stores, leasing space to Planet Fitness

Kohl's shrinking stores, leasing space to Planet Fitness

On Tuesday, Kohl's mentioned it could shrink its retail area and lease it out to Planet Health at 10 of its shops starting this yr. If these first shared stores work out well, the initiative may expand to more locations. Planet Fitness, which will buy or lease space from Kohl's, could benefit from the extra foot traffic near its facilities with so many shoppers passing by. Kohl's has more than 1,100 locations around the country. The retailer faces stress from Amazon and brick-and-mortar rivals online, in addition to rising low-priced corporations like TJX - the guardian of TJ Maxx, Marshalls, and HomeGoods. The retailer has been aggressive including new athletic put on to its lineup, together with merchandise from Below Armour and Fitbit. "All our indications are that this is going to be a great fit for us and for our customers".

Downsizing its present house can also be a part of the technique.

Kohl's CEO says this is just the latest effort to attract customers. Small is the brand new huge in retail. Macy's (M), another chain, also has shrunk the size of some stores.

Kohl's has been partnering with more businesses to future-proof its business in other ways as well. "As we've thought about this, our strategies are driven by this idea to maintain our store portfolio - maybe even have more stores but [make them] smaller".

In February, they partnered with WW, formerly Weight Watchers, and in 2018, they teamed up with supermarket chain Aldi. It is consolidating call center locations that support both its Kohl's charge and online customers.

Convicted murderer Chris Watts explains what made him snap
Bella was sitting next to Celeste at the time but Bella did not say anything, Watts told police, according to the report . He was arrested within days and later pleaded guilty in exchange for prosecutors not seeking the death penalty.

"In today's evolving retail landscape, our differentiated approach to fitness continues to drive traffic to shopping centers across the country, and with over 12.5 million members, resonate strongly with consumers", said Chris Rondeau, chief executive officer at Planet Fitness. Comparable store sales for the year were 1.7%.

Kohl's has more than 1,100 locations nationwide, and the announcement comes at a time when many traditional department stores are shuttering brick-and-mortar doors en masse to focus on e-commerce and their more profitable locations.

"Real estate trends appear to remain in our favor", Rondeau said.

Kohl's has also been working with Amazon to accept Amazon returns in its stores and sell Amazon tech gadgets, which it says has been a traffic driver.


  • Stem cell patient 'cured' of HIV

    Stem cell patient 'cured' of HIV

    It involved the destruction of his immune system and transplanted stem cells with a gene mutation called CCR5 that resists HIV. The X4 form of HIV, which uses a different protein, would not be tackled by treatment based on the delta 32 mutation.
    MIT’s Four-Legged ‘Mini Cheetah’ Robot Climbs, Runs, Backflips

    MIT’s Four-Legged ‘Mini Cheetah’ Robot Climbs, Runs, Backflips

    They show Mini Cheetah's linear, lateral and rotational movements, its balance and orientation control and jumping ability. The new mini cheetah is a scaled-down version of the Cheetah 3 that we previously saw prancing around the MIT campus .
    Syria force nets 400 jihadists trying to flee enclave

    Syria force nets 400 jihadists trying to flee enclave

    Britain last month revoked the citizenship of a teenager who had left London when she was aged 15 to join Islamic State in Syria. On Wednesday, a senior SDF commander said that about 400 ISIL fighters were captured as they tried to leave the enclave.
  • Chelsea v Dynamo Kiev: Hazard among those rested

    Chelsea v Dynamo Kiev: Hazard among those rested

    Eden Hazard, Cesar Azpilicueta and N'Golo Kante are among the Chelsea players rested for the Europa League round-of-16 first leg at Stamford Bridge.
    Lakers, LeBron agree to minutes restriction

    Lakers, LeBron agree to minutes restriction

    For a kid during LeBron James' childhood, there was no one bigger in the sport than Michael Jordan (maybe there still isn't). I remember the image of that woman in her LeBron James jersey, sobbing at the bar, that ESPN played over and over again.

    Sony brings official PS4 Remote Play to iPhone and iPad

    Sign in to PlayStation account - to access your games you will need to sign into your PlayStation Network account inside the app. Remote Play was already available on Android devices but for some dumb reason, it is still restricted to Sony Smartphones.
  • Northwestern Hospital employees say they were fired over Smollett’s records

    Northwestern Hospital employees say they were fired over Smollett’s records

    The nurse said it was a misunderstanding, but she wasn't given the chance to offer an explanation. By Feb. 21, he was arrested and charged with disorderly conduct for filing a false report. "Mr.
    Alabama man sues abortion clinic after girlfriend terminates fetus

    Alabama man sues abortion clinic after girlfriend terminates fetus

    Finally, the law frees the state of Alabama from being required to secure the right or funds required to attain an abortion. Magers was reportedly seeking legal counsel at the time of the abortion , WHNT reported .
    Russia accuses US of holding Syrian refugees

    Russia accuses US of holding Syrian refugees

    They were then whisked to a camp for displaced people to the north, while suspected fighters were moved to detention facilities. The militant fighters hail from a number of countries including Uzbekistan and Turkmenistan.
  • Why Kevin Jonas' Daughter Had Beef With Priyanka Chopra

    Why Kevin Jonas' Daughter Had Beef With Priyanka Chopra

    While the Jonas family has accepted the Desi girl with warm hearts, Valentina had initially shown signs of jealousy. The Jonas Brothers documentary will follow " Sucker ", the band's first new music release in almost six years.
    Gunners could not control Rennes after Sokratis red, says Unai Emery

    Gunners could not control Rennes after Sokratis red, says Unai Emery

    Spearheading the attack for the Gunners is Pierre-Emerick Aubameyang, with Alexandre Lacazette suspended for the tie. It can be different [in the second leg], but we need to be more compact".
    May and Javid seemingly at odds over knife crime and police cuts

    May and Javid seemingly at odds over knife crime and police cuts

    Evidence suggests the way to stop young people being stabbed does not lie exclusively with the criminal justice system. The opposition Labour Party leader Jeremy Corbyn said cuts to police staffing levels were exacerbating the problem.