Corp is laying off a number of people as they are combining buying offices for Brick and Mortar with Ecom. Further more there have been a number of changes made within IT leadership as Ratnakar is now CTO. SVP, VP, and Directors have been let go keeping everyone underneath them wondering what's next. More changes have been confirmed but have not been communicated in addition to promises made for significant reductions over the next 3 years as it pertains to IT.
Lot of changes coming to keep Investors happy. Kohl's canceled the idea of cafes within the stores meanwhile open up more Offisle stores which have shown promise.