Kohl’s has a new CEO, but not enough of the things its shoppers depend on
When Kohl’s Corp. on Monday announced it was getting a new chief executive next year, investors got suspicious. On Tuesday, the department-store chain confirmed those suspicions, reporting results that missed expectations and sending shares sharply lower.
Kohl’s Surprise CEO Departure Highlights Holiday Shopping Season Challenges
Kohl’s surprise CEO departure announcement a day before its quarterly results will play on the minds of investors, who were looking out for a positive forecast from the struggling department store chain ahead of the key holiday shopping season.
The company’s departing chief executive had no trouble owning up to mistakes that led to a steep drop in the company’s ...
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Kohl's CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive ...
Kohl's on Tuesday said it expects sales to be down 7% to 8% for the year, which is the third quarter in a row the company has ...
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
Nov 26 (Reuters) - Kohl's (KSS.N), opens new tab surprise CEO departure announcement a day before its quarterly results ...
Kohl’s has appointed former Walmart executive Ashley Buchanan as chief executive as the department store aims to lure back ...
Kohl's names Ashley Buchanan its new chief executive. An overview of challenges he will likely face as Kohl's CEO.
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