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Kohl's CEO Tom Kingsbury to step down
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.
Kohl’s CEO to step down, be replaced by Michaels CEO
Ashley Buchanan, CEO of Michaels Companies will become the new CEO on Jan. 15, Kohl’s announced. He has been CEO of Michaels since 2020, and worked in leadership for Walmart and Sam’s Club before that. Kohl’s is headquartered in Menomonee Falls, Wisconsin.
14h
on MSN
Kohl's Corp. reports 8.8% sales decrease. CEO Kingsbury to depart in January.
Kohl's expects sales to be down 7-8% for the year, which is the third quarter in a row the company has changed its ...
14h
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.
BizTimes
1h
Kohl’s struggles through third quarter, looks to refocus on ‘core business’
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
15h
on MSN
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 ...
Home Textiles Today
12h
Kohl’s appoints new CEO as Kingsbury announces his exit
Kohl’s has hired a veteran retailer with experience in the specialty, warehouse club and discount store channels to succeed ...
9h
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 ...
9h
Here's what Kohl's is focusing on after after poor third quarter
Sephora has been a hit for Kohl's — but at what cost? Here's the products the company is bringing back as it fights for ...
3h
Kohl's Shares Slump on Lowered Annual Sales Forecast as Holiday Demand Wanes
Kohl's comparable sales dropped 9.3% for the quarter ended Nov. 2, its eleventh consecutive quarter of decline. Analysts on ...
Retail Dive
11h
Amid setbacks in its turnaround, Kohl’s lowers guidance again
Traffic, sales and profits declined in Q3, and the department store is reversing course in some areas after its tactics ...
17h
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 ...
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Kohl's
Ashley Buchanan
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