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Kohl's Slashes 10% Corporate Jobs, Names New CEO
29 Jan 2025 14:31 GMT
Department store retail chain Kohl's Inc. KSS is reducing its corporate staff by about 10%, following the appointment of a new CEO.
The move affects fewer than 400 positions, with more than half of the reductions coming from unfilled roles. The …
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Kohl's announces layoffs at corporate headquarters in Menomonee Falls
28 Jan 2025 23:06 GMT
Hundreds of jobs at the corporate headquarters of Kohl's Corp. have been cut, the company informed workers on Tuesday.
In a message sent to employees, the retailer said about 10% of roles that report to the corporate headquarters in Menomonee Falls …
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Kohl's is closing dozens of stores nationwide. What to know in Tennessee
13 Jan 2025 19:19 GMT
Kohl's has announced the closure of over two dozen stores nationwide.
The Wisconsin-headquartered company will be closing 27 "underperforming" stores by April 2025 as part of the struggling retailer's transformation process, reported USA …
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What Wall Street anticipates Kohl's earnings will be like
25 Nov 2024 21:25 GMT
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Best Buy’s sales drop, Kohl's sees slump deepen
06 Dec 2024 19:42 GMT
Shoppers walk past holiday displays at a Kohl's store in Ramsey, New Jersey, on Oct. 10. Seth Wenig/AP File Photo
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Walmart, the nation's largest retailer, reports another quarter of stellar sales
NEW YORK – Best Buy, the nation's largest …
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Surprise departure: Kohl's CEO Kingsbury to step down in January
03 Dec 2024 23:01 GMT
Kohl's Corp. announced Monday that CEO Tom Kingsbury plans to step down Jan. 15, 2025.
The Kohl's Board of Directors has appointed Ashley Buchanan as CEO, effective Jan. 15.
The surprise announcement came after the stock market closed, and one day …
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Turnarounds uncertain at Macy's, Kohl's this holiday season
29 Nov 2024 14:07 GMT
America's malls are preparing for another Black Friday — but it's not the 2000s anymore with lines snaked around store entrances, and that has cast dark clouds over the sector's future. "The whole Christmas shopping experience is totally …
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Shoppers Are Still Abandoning Kohl's—Here's Why
27 Nov 2024 17:21 GMT
Kohl’s CEO Tom Kingsbury is “not satisfied” with where the company financially stands heading into the holiday season—a time that historically gives retailers a monetary cushion going into the new year. However, the company has failed to come up for air …
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Kohl's cut to Neutral at Baird
27 Nov 2024 15:07 GMT
Investing.com -- In a note to clients Wednesday, Baird downgraded Kohl's Corporation (NYSE:KSS) to Neutral, citing a combination of ongoing challenges and heightened uncertainty.
Analysts highlighted issues in the retailer's core apparel and …
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Best Buy posts another quarterly sales drop while Kohl's sees slump deepen
26 Nov 2024 18:52 GMT
NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials.
The Richfield, Minnesota-based …