Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
He replaces Tom Kingsbury, whose initial contract to lead the department store chain was set to expire in early 2025.
Tom Kingsbury will step down as top boss of Kohl’s Corporation ( NYSE: KSS) effective January 15, 2025, the company said in a ...
Buchanan joins Kohl's from Michaels Companies, where he is credited with improving profitability and the cash flow.
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
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 ...
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
The CEO of Kohl's said the retailer was not satisfied its performance this year and was taking "aggressive action" to reverse ...
The company’s departing chief executive had no trouble owning up to mistakes that led to a steep drop in the company’s ...
Kohl's CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive ...
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is ...