Kohl's (KSS) is planning a major 2026 decision on the remaining stores in its fleet of approximately 1,150 locations. The decision follows internal improvements, with over 90% of stores now operating profitably. CEO Michael Bender stated that the company does not currently plan to close any additional stores from its remaining stores. Instead of downsizing further, Kohl's will focus on improving its existing footprint and making selective adjustments when necessary. This follows the closure of 27 stores across 15 states in 2025, as well as one e-commerce distribution center, which was part of a broader effort to cut costs and streamline operations. However, commercial real estate investor Jason Miller suggested that the closures may have revealed an underlying strength in Kohl’s property portfolio. The company's financial results also highlighted challenges ahead of the year, with net sales decreasing 3.9% year over year and comparable sales falling 2.8%. However, it remains optimistic for the future of its business.