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.
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
Kohl’s saw sales decline in the latest quarter while its revised outlook for the year suggested a challenging upcoming ...
Kohl’s has hired a veteran retailer with experience in the specialty, warehouse club and discount store channels to succeed ...
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
Kohl’s Corp. shares plunged to the lowest level since 2020 after the company cut its full-year sales outlook, signaling that ...
Traffic, sales and profits declined in Q3, and the department store is reversing course in some areas after its tactics ...
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
Major stock indexes were mixed in midday trading Tuesday as investors digested earnings reports from several retailers and ...
Shares of Kohl’s plummeted in premarket trading Tuesday after the retailer missed third-quarter earnings and revenue targets, ...
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