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Kohl’s has a new CEO, but not enough of the things its shoppers depend on
When Kohl’s Corp. on Monday announced it was getting a new chief executive next year, investors got suspicious. On Tuesday, the department-store chain confirmed those suspicions, reporting results that missed expectations and sending shares sharply lower.
We Messed Up: Kohl’s CEO Gives a Mea Culpa
The company’s departing chief executive had no trouble owning up to mistakes that led to a steep drop in the company’s quarterly sales.
Kohl’s Surprise CEO Departure Highlights Holiday Shopping Season Challenges
Photo: Kohl’s surprise CEO departure announcement a day before its quarterly results will play on the minds of investors, who were looking out for a positive forecast from the struggling department store chain ahead of the key holiday shopping season.
Hosted on MSN
13m
Black Friday 2024: What time Costco, Home Depot, Kohl's, JCPenney and more stores open
Black Friday sales officially started days ago but that won't stop shoppers from heading to stores and shopping online early ...
6h
Kohl’s Shakes Up Leadership As Retailer Reports $37 Million Drop In The Third Quarter Over 2023
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
8h
How activist investor fights, poor sales led Kohl's Corp. to its third CEO in four years
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
4h
Is Kohl’s open on Thanksgiving 2024? What to know before you go to the store
No, Kohl’s will not be open. Shoppers will have to wait until Black Friday to take advantage of the deals in-store. The ...
10h
Kohl's vows 'aggressive action' to reverse sliding sales following a 'frankly disappointing' quarter
The CEO of Kohl's said the retailer was not satisfied its performance this year and was taking "aggressive action" to reverse ...
11h
Kohl’s Outlook Suggests Tough Holiday Period
Kohl’s saw sales decline in the latest quarter and now expects the full-year top line to fall 7% to 8%, creating a ...
1d
Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.
6h
on MSN
8 Kohl's Exclusive Products Everyone Should Know About
Did you know that Kohl's offers exclusive deals on fashion brands, toys, and household goods? See our picks for well-rated, ...
1d
on MSN
Kohl’s shares tank 20% as CEO abruptly quits before crucial Black Friday kickoff
The Wisconsin-based company reported a same-store sales decline of 9.3% – its eleventh same-store sales decline in a row.
3h
What time do stores open on Black Friday 2024 in Arizona? Hours for Walmart, Kohl's, more
Many stores have special hours for Thanksgiving and Black Friday. Here's when major retailers like Best Buy, Target, JCPenney ...
6h
on MSN
Baird moves to the sidelines on Kohl's after disappointing Q3 report
Baird downgraded Kohl's (NYSE:KSS) to "neutral" from "outperform" after the company's weak third quarter and noted the ...
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