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The Latest Breaking News from Tom Kingsbury

Kohl's New CEO Fired After 5 Months for 'Unethical Vendor Transactions': What Does That Mean?

Kohl's just fired its CEO after five months for unethical vendor deals tied to a personal relationship. This scandal raises big questions about the retailer's future.

International Business Times UK

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

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.

Kohl's new CEO is making more than double the retailer's previous top executive as the company struggles with store closures and falling revenue

Kohl's new CEO is making more than double the retailer's previous top executive as the company struggles with store closures and falling revenue

Ashley Buchanan became CEO of Kohl’s in January. His pay package is worth around $20 million.

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3 Turnaround Stocks in the Early Innings With More Upside to Come

Investors are always looking for turnaround situations which present an opportunity to get in at cheaper prices, but at the risk of further weakness.

Kohl’s is slashing its corporate workforce as it scrambles to make up for mistakes like carrying less inventory and shrinking its fine-jewelry business

Less than 200 people were affected by the layoffs, but the company has also had dozens of store closures in the past year.

Why CEOs should apologize more often for their screwups

For CEOs “I was wrong” are often the three hardest words to say.

Kohl’s Faces Holiday Hurdles, But Key Factors Offer Hope

Discover why Kohl's stock is under pressure amid holiday challenges but still offers long-term value with a 13% dividend and potential for a turnaround.

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Major retailers vie for piece of holiday spending boom

Major retailers vie for piece of holiday spending boom

Abercrombie & Fitch, Dick’s Sporting Goods, and Urban Outfitters are among those projecting optimism about sales to close the year.

Stock Market Today: The S&P 500 Reclaims the 6K Level

Stock Market Today: The S&P 500 Reclaims the 6K Level

Investors see Scott Bessent as a safe shepherd of the economy as the president-elect burnishes his "Tariff Man" reputation.

Retailer Kohl's Says It Is Taking 'Aggressive Action' After Sales Plunge Nearly 10%

Retailer Kohl's Says It Is Taking 'Aggressive Action' After Sales Plunge Nearly 10%

Kohl's reported a significant sales decline in the third quarter of 2024, with net sales down 8.8 percent and comparable sales falling 9.3 percent.

International Business Times

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

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.

Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down

Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down

Kohl's reported Q3 earnings, with net sales down 8.8%, operating income at $98 million, and EPS of $0.20. CEO transition process announced.

Kohl's Stock Heads Toward Worst Day Ever After Earnings

Kohl's Stock Heads Toward Worst Day Ever After Earnings

Kohl's stock is tanking Thursday after the department store chain missed Q1 expectations and cut its full-year forecast. Here's what you need to know.

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