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.
Kohl’s surprise CEO departure announcement a day before its quarterly results will play on the minds of investors, who were ...
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
Kohl’s saw sales decline in the latest quarter while its revised outlook for the year suggested a challenging upcoming ...
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
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 ...
Our third quarter results did not meet our expectations as sales remained soft in our apparel and footwear businesses,” ...
Kohl’s Corp. shares plunged to the lowest level since 2020 after the company cut its full-year sales outlook, signaling that ...
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