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.
Shoppers Are Still Abandoning Kohl's—Here's Why
RELATED: Costco Shoppers Are Abandoning These Kirkland Products: "Worst Things I’ve Ever Tasted." According to Kohl’s third-quarter fiscal results, the company’s net sales decreased 8.8 percent year-over-year,
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.
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 statement Monday. He will be replaced by Ashley Buchanan as CEO.
Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its announcement that CEO Tom Kingsbury will step down in January. The weak forecast underscores an uncertain holiday season for the retail sector ...
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 expectation of its performance.
Kohl's CEO Tom Kingsbury To Step Down In January 2025; Names Ashley Buchanan CEO
Kohl's Corp. (KSS) announced Monday that Tom Kingsbury plans to step down as Chief Executive Officer, effective January 15, 2025. He
Kohl’s Names Buchanan of Michaels Cos. to Take Over as CEO
Kohl’s Corp. named the chief executive officer of Michaels Cos. to lead the retailer as it looks to recover from a deep sales slump.
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.
Kohl's CEO Kingsbury to step down in January. He was named the retailer's CEO in 2022.
Kohl's Corp. announced Monday that CEO Tom Kingsbury plans to step down Jan. 15, 2025. The Kohl's Board of Directors has appointed Ashley Buchanan as CEO, effective January 15. The surprise announcement came after the stock market closed,
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 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 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.
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 ...
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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 ...
We Messed Up: Kohl’s CEO Gives a Mea Culpa
But Kohl’s outgoing CEO Tom Kingsbury had no trouble this week owning up to mistakes that led to a steep drop in the retailer ...
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 ...
Kohl’s downgraded to Reduce at Gordon Haskett on sales worries, CEO exit
As previously reported, Gordon Haskett downgraded Kohl’s (KSS) to Reduce from Hold with a price target of $11, down from $20, citing ...