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.
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 ...
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
Kohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its ...
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Kohl's CEO Tom Kingsbury will step down after less than two years. Ashley Buchanan, former Walmart executive, will succeed ...
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
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 ...
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
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 ...