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.
Kohl's surprise CEO departure to amplify woes ahead of holiday shopping season
Nov 26 (Reuters) - Kohl's (KSS.N), opens new tab 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 ...
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.
Kohl's Stock Tumbles After Weak Results, CEO Departure News
KEY TAKEAWAYS Kohl's stock is plummeting 17% in premarket trading after it reported weaker-than-expected third-quarter earnings Tuesday, the day after it announced that CEO Tom Kingsbury would stepping down after less than two years running the struggling retailer.
Kohl's lowers annual sales forecast again on waning holiday shopping demand
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO change ahead of a deal-heavy holiday shopping season.
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, ...
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 ...
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 ...
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 ...
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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 ...
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 ...
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.
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.
Kohl's shares slump on lowered annual sales forecast as holiday demand wanes
Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is ...
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 ...
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 ...