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.
We Messed Up: Kohl’s CEO Gives a Mea Culpa
The company’s departing chief executive had no trouble owning up to mistakes that led to a steep drop in the company’s quarterly sales.
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.
Kohl’s Appoints J. Ashley Buchanan as New CEO
Kohl’s Corporation is set to welcome J. Ashley Buchanan as its new CEO starting January 15, 2025, following his successful tenure at The Michaels Companies and leadership roles at Walmart. Buchanan’s appointment marks a significant change as he replaces Tom Kingsbury,
Kohl's Stock Slips as CEO Being Replaced
KEY TAKEAWAYS Kohl's shares are falling in premarket trading after the department store chain said that Chief Executive Officer (CEO) Tom Kingsbury is stepping down after less than two years running the struggling retailer.
Kohl’s Names New CEO Ahead of Earnings
Kohl’s stock fell in after-hour trading Monday following the department store’s announcement that CEO Tom Kingsbury is retiring at the end of the year. The company has named Ashley Buchanan, current CEO of Michaels,
Kohl’s Names Michaels CEO Ashley Buchanan As New Chief Executive
Kohl's announced Ashley Buchanan, CEO of Michaels, as its new chief executive, effective January 15. Tom Kingsbury will remain an advisor until May. Buchanan has led Michaels since 2020 and previously held leadership roles at Walmart and Sam’s Club.
Kohl’s CEO to step down, be replaced by Michaels CEO
He will become an advisor to the new CEO until he retires in May 2025. ““I’ve loved working in the retail industry for more than 40 years and it’s been an honor to finish my career at Kohl’s, a company that I’ve known and loved since I was a kid in Wisconsin,
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, ...
Is Kohl’s open on Thanksgiving 2024? What to know before you go to the store
No, Kohl’s will not be open. Shoppers will have to wait until Black Friday to take advantage of the deals in-store. The ...
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 ...
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.
Kohl’s Outlook Suggests Tough Holiday Period
Kohl’s saw sales decline in the latest quarter and now expects the full-year top line to fall 7% to 8%, creating a ...
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.
Reuters on MSN1d
Kohl's surprise CEO departure to amplify woes ahead of holiday shopping season
Nov 26 (Reuters) - Kohl's (KSS.N), opens new tab surprise CEO departure announcement a day before its quarterly results ...
Hosted on MSN4h
Black Friday 2024: What time Costco, Home Depot, Kohl's, JCPenney and more stores open
Black Friday sales officially started days ago but that won't stop shoppers from heading to stores and shopping online early ...
Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Mr. Buchanan will be the third chief executive at Kohl’s since 2018. Tom Kingsbury has served as interim chief executive ...
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 ...