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Kohl's Names Buchanan of Michaels Cos
Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Mr. Buchanan will be the third chief executive at Kohl’s since 2018. Tom Kingsbury has served as interim chief executive since Michelle Gass left in December 2022 to run Levi Strauss & Company. Mr. Kingsbury will retain his seat on the board of directors until he retires in May.
Kohl’s CEO will step down. He’ll be replaced by the head of Michaels
Kohl’s announced its CEO Tom Kingsbury will step down on January 15, 2025, and will be replaced by the CEO of arts and crafts retailer Michaels.
Kohl’s Names Buchanan of Michaels Cos. to Take Over as CEO
Kohl’s Corp. named the chief executive officer of Michaels Cos. to lead the retailer as it looks to recover from a deep sales slump.
13h
on MSN
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, ...
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.
20h
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 ...
Dallas Morning News on MSN
2d
Michaels looking for new leader as CEO moves to Kohl’s
(Ben Torres / Special Contributor) Irving-based
Michaels
is set to be under new leadership as its CEO prepares to move to ...
18h
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, ...
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.
The Motley Fool on MSN
1d
Why Kohl's Stock Crashed 20% on Tuesday
Kohl
's CEO is resigning, and the company is bringing in a relief pitcher from
Michaels
. At a P/E of 10 after its sell-off ...
1d
Kohl's Shares Slump on Lowered Annual Sales Forecast as Holiday Demand Wanes
Kohl's comparable sales dropped 9.3% for the quarter ended Nov. 2, its eleventh consecutive quarter of decline. Analysts on ...
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