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.

Buchanan joins Kohl's from Michaels Companies, where he is credited with improving profitability and the cash flow.

Tom Kingsbury will step down as top boss of Kohl’s Corporation ( NYSE: KSS) effective January 15, 2025, the company said in a ...

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 ...

Kohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its ...

Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...

CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...

Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...

Tom Kingsbury, who has led Kohl's Corp. since December 2022, will step down from his role as CEO on Jan. 15, and Michaels CEO ...

Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...

The CEO of Kohl's said the retailer was not satisfied its performance this year and was taking "aggressive action" to reverse ...