Kohl’s to close Stoughton store, affecting 77 employees
Kohl’s reported that its net sales were down nearly 9 percent during the third quarter of the fiscal year compared to 2023.
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.
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.
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 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.
Why more CEOs should follow the chief of Kohl’s lead and own up to their screwups
"I was wrong" are three of the hardest words for anyone to utter, but many CEOs seem to have a particularly hard time ...
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current ...
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 ...
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Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kohl's CEO Tom Kingsbury is stepping down on Jan. 15, to be replaced by current Michaels CEO Ashley Buchanan. Kohl's has been struggling to return to growth as consumers increasingly move away ...