Kohl’s is the latest retailer to announce a wave of closures set to take place over the coming year. By April, the chain plans to shutter 27 underperforming stores and an e-commerce fulfillment center in San Bernardino, California.

"While Kohl's continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores," the company said. Start the day

NEW YORK (AP) — Kohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — as the struggling department store chain aims to boost profitability and improve sagging sales.