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Kohl’s Names Ashley Buchanan From Michael’s
Kohl’s names next CEO
Kohl’s has announced the appointment of Ashley Buchanan as CEO and Board Member, effective January 15, 2025. Current CEO, Tom Kingsbury plans to step down on the same date. He will retain an Executive Advisory Role and Board Seat through his retirement in May 2025.
Kohl’s Names Ashley Buchanan From Michael’s as Next CEO
Kohl’s has appointed former Walmart executive Ashley Buchanan as chief executive as the department store aims to lure back its value-seeking customer base amid falling sales.
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.
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.
17h
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 ...
The Business Journals
2d
What Kohl's will pay its new CEO when he starts in January
Ashley
Buchanan
is joining
Kohl
's Corp. from The Michaels Cos. Inc., where he has been the CEO since 2020. The new head ...
5m
Best Buy Posts Another Quarterly Sales Drop While Kohl's Sees Slump Deepen
Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to ...
Retail Dive
1h
Will Kohl’s have to close stores?
Not long ago, in stark contrast to rival Macy’s, the department store was talking about expanding its fleet. That may be ...
14h
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, ...
BizTimes
1d
Kohl’s struggles through third quarter, looks to refocus on ‘core business’
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
The Business Journals
1d
Harley-Davidson, Kohl's listed among companies most likely to be sold
Morgan Stanley (NYSE: MS) issued its predictions earlier this month — before
Kohl
’s announced Monday that CEO Tom Kingsbury ...
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