Kohl’s Snags Ashley Buchanan from Michael’s as New CEO; Kingsbury Signals Exit
The Board has appointed retail veteran Ashley Buchanan as CEO, effective January 15. Buchanan has been CEO of Michaels Companies since 2020. Before that, he held various senior executive roles at Walmart and Sam’s Club during his 13 years at the company.
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 ...
He replaces Tom Kingsbury, whose initial contract to lead the department store chain was set to expire in early 2025.
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
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Kohl's shares tumble on earnings miss, CEO to step down in JanuaryKohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its ...
CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
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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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Shoppers Are Still Abandoning Kohl's—Here's WhyRELATED: Costco Shoppers Are Abandoning These Kirkland Products: "Worst Things I’ve Ever Tasted." According to Kohl’s ...
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