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Kohl’s Chief Executive, Michelle Gass, Will Depart to Join Levi’s



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It is also testing a smaller footprint for its stores, and opened a 35,000-square-foot store in Tacoma, Wash., last month. A typical Kohl’s is around 80,000 square feet.Kohl’s has put huge emphasis on its partnership with Sephora, which will have 600 shop-in-shops in Kohl’s stores by the end of the year and plans to open 250 more in 2023. Kohl’s sees the partnership generating $2 billion in annual sales by 2025.Still, Ms. Gass’s exit comes at a challenging time for the chain. The retailer’s core shoppers — middle-income Americans — have faced intense pressure from inflation on a range of items and have pulled back on buying discretionary items like apparel. The holiday shopping season is likely going to be weak, said Craig Johnson, president of Cust …

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