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 ...
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
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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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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 ...
Not long ago, in stark contrast to rival Macy’s, the department store was talking about expanding its fleet. That may be ...
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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