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Kohl, Tom Kingsbury and Buchanan
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
Ashley Buchanan named the next CEO of Kohl's; Tom Kingsbury to step down
Tom Kingsbury will step down as top boss of Kohl’s Corporation (NYSE:KSS) effective January 15, 2025, the company said in a statement Monday. He will be replaced by Ashley Buchanan as CEO. Buchanan has been the chief executive of Michaels Companies since 2020 and,
Tom Kingsbury steps down early as Kohl's CEO
He replaces Tom Kingsbury, whose initial contract to lead the department store chain was set to expire in early 2025.
19h
How activist investor fights, poor sales led Kohl's Corp. to its third CEO in four years
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
Retail Dive
4h
Will Kohl’s have to close stores?
Not long ago, in stark contrast to rival Macy’s, the department store was talking about expanding its fleet. That may be ...
1d
on MSN
Kohl’s shares tank 20% as CEO abruptly quits before crucial Black Friday kickoff
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
17h
Kohl’s Shakes Up Leadership As Retailer Reports $37 Million Drop In The Third Quarter Over 2023
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
Fox Business on MSN
1d
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's
shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its ...
21h
Kohl's vows 'aggressive action' to reverse sliding sales following a 'frankly disappointing' quarter
The CEO of Kohl's said the retailer was not satisfied its performance this year and was taking "aggressive action" to reverse ...
1d
Sales slide continues at Kohl's, analyst calls results 'abysmal'
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
Best Life on MSN
16h
Shoppers Are Still Abandoning Kohl's—Here's Why
RELATED: Costco Shoppers Are Abandoning These Kirkland Products: "Worst Things I’ve Ever Tasted." According to Kohl’s ...
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