|
Getting your Trinity Audio player ready...
|
The Kohl’s department store that has been a centerpiece of the Metro 580 shopping center in Pleasanton for more than two decades is set to close by April, the retailer announced this week alongside a series of real estate downsizing moves planned for 2025.
The Pleasanton location at 4525 Rosewood Drive is among 27 “underperforming” stores on the closure list nationwide, along with four others in the Bay Area, according to corporate officials. Kohl’s becomes the latest scheduled departure from Metro 580, which is losing Party City after that company confirmed last month it would be going out of business.
“We always take these decisions very seriously,” Kohl’s CEO Tom Kingsbury said in a press release Jan. 9. “As we continue to build on our long-term growth strategy, it is important that we also take difficult but necessary actions to support the health and future of our business for our customers and our teams.”
Kohl’s representatives said all affected employees have been notified and “offered a competitive severance package or the ability to apply to other open roles at Kohl’s”.
The Pleasanton store, which opened in the fall of 2004, is among 10 stores in California on the closure list, including one each in the cities of Fremont, Mountain View, Napa and San Rafael. The company also announced it would shutter its San Bernardino E-commerce Fulfillment Center when the lease lapses in May.
The Kohl’s on Las Positas Road in Livermore remains in operation.
Losing the clothing retailer is the latest blow for Metro 580, located just off the same-numbered interstate highway at the Hacienda Drive interchange. The shopping center, which is anchored by a Walmart store, will see its Party City close soon too and the commercial space next door has been vacant since Orchard Supply Hardware shuttered in 2018.
The Metro 580 property is featured on the city of Pleasanton’s housing site inventory list in its current eight-year Housing Element, as adopted by the City Council in 2023, but no redevelopment application from the owner has come forward yet.
“The city does not have any definitive plans from Brixmor on the disposition of the Metro 580 site, but has continued to have ongoing dialog with their team as they consider their options for the site,” city communications manager Heather Tiernan told the Weekly on Friday.
