Kohl’s shoppers have a message for incoming Chief Executive Ashley Buchanan: Bring back the old Kohl’s. To chase younger shoppers and reduce inventory, the department-store chain in recent years scaled back fine jewelry,
Ashley Buchanan takes over Wednesday as the new Kohl's CEO — the company's third leader in four years — at a time of store closings, declining sales and a stock price that's fallen by 50% in the past year.
The locations of the Kohl's stores that are set to close have been released with most of the outlets affected situated in California, Illinois, and Texas.
The Michaels Companies has appointed an interim office of the chief executive office as its CEO, Ashley Buchanan, plans to depart Wednesday.
Michaels, which provides craft and hobby items at over 1,300 sites, has set up an “interim Office of the Chief Executive Officer” that will provide
Kohl's is planning to close 27 underperforming stores in 15 states by April as the struggling department store chain aims to boost profitability and improve sagging sales.
Department store chain Kohl's Corp. plans to eliminate 27 "underperforming stores" from its portfolio, including two locations in Ohio. Less than a week before Kohl's Corp. welcomes new CEO Ashley Buchanan,
Department store chain Kohl's will close 27 "underperforming" store locations across 15 states, including two in Ohio, by April, the company announced.
Kohl's said Friday it will close 27 underperforming locations in 15 states by April -- a fraction of its 1,150-store base -- as the struggling department store chain aims to boost profitability and improve sagging sales.
Michaels has established an interim Office of the CEO that will be led by a trio of executives as the search for a CEO continues.
Less than a week before Kohl's Corp. welcomes new CEO Ashley Buchanan, the national retailer announced on Thursday it would close 27 underperforming locations by April 2025, none
New Kohl's CEO Ashley Buchanan will try to attract younger shoppers while winning back the chain's longtime customer base.