The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.
In an message to employees, CEO Ashley Buchanan said about 10% of roles reporting to the corporate headquarters have been cut ...
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But after years of declining sales, a sharp drop in stock value and waning customer trust, Ashley Buchanan could find the chain’s problems hard to turn around. While Kohl’s more than 1,150 ...
Department store chain Kohl’s is closing 27 “underperforming” stores across the United States, including a Sacramento-area ...
Kohl’s CEO Ashley Buchanan made the announcement in an email to employees, saying the decision was made to strengthen the company’s long-term health and profitability, Wisconsin Public Radio said.
The closures were announced in early January, just days before new CEO Ashley Buchanan took the helm, replacing Tom Kingsbury. During 2023, Kohl’s employed roughly 96,000 people, including ...
The decision was announced roughly a week before the new CEO took over. Ashley Buchanan is Kohl's third CEO in four years If Kohl's is going to become more profitable as a company, it'll be in ...
The move comes after Kohl's announced earlier in January it was closing 27 stores in 15 states, shortly before new CEO Ashley Buchanan took over. "Both actions were taken to improve the strength ...
Ashley Buchanan, former Michaels CEO, is Kohl’s new CEO. Employees at the stores were offered severance packages or the chance to transfer to neighboring stores. After the closures, Kohl’s ...