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 CEO to depart after less than two years at the helm
Kohl's CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive Ashley Buchanan to take on the role as the department store chain looks to execute a turnaround.
Kohl’s Surprise CEO Departure Highlights Holiday Shopping Season Challenges
Photo: 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 Stock Tumbles After Weak Results, CEO Departure News
KEY TAKEAWAYS Kohl's stock is plummeting 17% in premarket trading after it reported weaker-than-expected third-quarter earnings Tuesday, the day after it announced that CEO Tom Kingsbury would stepping down after less than two years running the struggling retailer.
Kohl's surprise CEO departure to amplify woes ahead of holiday shopping season
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.
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 ...
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 ...
Which retail stores are open on Thanksgiving 2024? Details on Best Buy, JCPenney, Kohl's, more
Thanksgiving is here, which means your favorite retail store likely has a deal or discount you can take advantage of. ...
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.
What time does Kohl’s open on Black Friday 2024? What to know before you go to the store
Kohl’s will be open with extended shopping hours on Black Friday 2024. The stores will be open on Friday, Nov. 29 from 5 a.m.
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, ...
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 ...
Kohl's shares slump on lowered annual sales forecast as holiday demand wanes
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is ...
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 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 ...
8 Kohl's Exclusive Products Everyone Should Know About
Did you know that Kohl's offers exclusive deals on fashion brands, toys, and household goods? See our picks for well-rated, ...