Kingsbury will remain with Kohl’s in an advisory role to Buchanan and stay on the board until he retires in May.

He replaces Tom Kingsbury, whose initial contract to lead the department store chain was set to expire in early 2025.

Kohl's expects sales to be down 7-8% for the year, which is the third quarter in a row the company has changed its ...

Tom Kingsbury will step down as top boss of Kohl’s Corporation ( NYSE: KSS) effective January 15, 2025, the company said in a ...

Buchanan joins Kohl's from Michaels Companies, where he is credited with improving profitability and the cash flow.

Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...

Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...

Kohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its ...

The CEO of Kohl's said the retailer was not satisfied its performance this year and was taking "aggressive action" to reverse ...

CEO Tom Kingsbury said a strong collective performance in growth areas were not enough to offset the company's decline in its ...

But Kohl’s outgoing CEO Tom Kingsbury had no trouble this week owning up to mistakes that led to a steep drop in the retailer ...

Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is ...