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The Latest Breaking News from Michael Bender

Investors like Kohl’s turnaround plan despite risk that cuts will hurt sales in the long run

Also: All the news and watercooler chat from Fortune.

Fortune

Kohl's Stock Rockets After Earnings: Sephora Brings 'New Younger' Shoppers, CEO Says

Kohl's Corp. (NYSE:KSS) shares were soaring Wednesday after the company reported better-than-expecting Q2 earnings and raised its fiscal year revenue outlook.

Benzinga

Relieved Kohl’s investors give the stock a 20% boost—but the CEO’s plan to get ‘back to growth’ is far from a done deal

As Kohl’s embarks on its latest turnaround, the retailer’s saga remains a show-me story.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Kohl’s ‘surprised’ Wall Street with a big earnings beat in the aftermath of its CEO drama—possibly thanks to tariffs

The company reported adjusted earnings per share of $0.56, handily beating the consensus estimate of $0.30 per share.

Fortune

Kohl's Q2 FY2025 Earnings Call Transcript

Kohl’s Corp. (NYSE:KSS) reported its second-quarter financial results before the opening bell on Wednesday.

Benzinga

Trump wanted to unleash the troops on George Floyd protests. Now the gloves are off

After his advisers steered him away from bloodshed in 2020, the president promises troops ‘everywhere’, Alex Woodward reports

The Independent UK

Kohl's shocks investors reporting a not-too-bad quarter even after it fired its CEO just 100 days into the job

The retailer still reported a 4.1% year-over-year net sales drop, but that was better than what analysts expected.

Fortune

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Married Kohl’s CEO affair with a Walmart exec was retail’s dirty little secret. When it was exposed, it upended retail

Kohl’s CEO Ashley Buchanan was let go after an investigation found he helped arrange a deal for the retailer to sell products from his affair partner’s business.

The Independent UK

Kohl’s considers replacing headhunter that found the CEO it fired

Ashley Buchanan was fired just months into his tenure atop the struggling retailer.

Fortune

A Kohl's board member resigned because she was 'continually disappointed' by governance and a lack of transparency. The retailer denies there was any friction

The retailer said it “strongly disagrees” with Christine Day’s statements.

Fortune

How Chandra Holt's 'Ambitious Goals' for Incredibrew Led to the Ousting of Kohl's CEO

Chandra Holt's Incredibrew linked to Kohl's CEO's sudden firing amid personal conflicts and undisclosed relationships

International Business Times UK

Kohl’s turnaround efforts dealt major blow as its new CEO is fired in scandal involving a ‘personal relationship’ just a few months after taking the top job

“Kohl’s is without a permanent captain at a time when the ship is looking far from seaworthy.”

Fortune

Kohl's just fired its CEO after only 100 days on the job after striking a 'highly unusual' deal with a vendor he had a personal relationship with

Buchanan had only been at the helm of the retailer since January.

Fortune

Make voting in America compulsory

If democracy’s downfall comes in 2025, blame the people who did not vote in 2024

Salon

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news in one place.

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Kiplinger

Kohl's Stock Spirals on Earnings Miss, CEO Switch: What to Know

Kohl's stock is sinking Tuesday after the retailer missed Q3 earnings expectations, slashed its full-year outlook and announced a C-suite shakeup.

The Guardian - US

Trump claims he will never call Ron DeSantis ‘Meatball Ron’

Ex-president tests new nickname for Florida governor, chief rival in 2024 polls, by saying he would not use it

The Independent UK

New book says Trump wanted troops to open fire on BLM protesters: ‘Can’t you just shoot them?’

‘Can't you just shoot them? Just shoot them in the legs or something?’ Mr Trump asked, according to former secretary of defense Mark Esper

The Independent UK

Mercury ‘widespread’ in face creams sold online, according to new report

An international coalition warns that regulating the sale of such products online is a challenge

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news in one place.

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The Guardian - US

Mercury found in skin lightening and anti-ageing creams sold online – study

Zero Mercury Working Group tested 271 products from 15 countries and found nearly half to be contaminated at levels above 1ppm

People

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