During the past year, Kohl’s has also downsized, closing about two dozen stores in 15 states and has also made corporate layoffs. On top of that—and losing a new CEO after just 100 days at his ...

Kohl’s reported Thursday that it expects sales to decline 4 percent in the most recent quarter, an improvement from the 9.4 percent year-over-year decrease it saw in the quarter that ended Feb. 1.

Kohl's canned its chief executive -- hired just four months ago -- after an investigation showed that he violated the retailer's conflict of interest policies, the company said on Thursday.

Kohl's on March 11 reported a 9.4% sales decline, and a 74.2% profit decline, during the pivotal fourth quarter of 2024 that includes the holiday shopping season. Buchanan took over as CEO on Jan. 15.

Kohl’s hired an independent law firm to investigate the situation and “that process was handled with care, discretion and integrity," Schlifske said. “When concerns were brought to the board ...

Just months after he was hired to turn the company around, Kohl's CEO Ashley Buchanan was fired for making improper business deals with his romantic partner. Buchanan, who was hired on Jan. 15 ...

Kohl's board of directors said it fired Ashley Buchanan over deals he gave to someone close to him. Buchanan became CEO in January. Michael J. Bender was named interim CEO. Kohl's fired its new ...

Kohl's Corporation said Thursday it has fired CEO Ashley Buchanan for cause after an investigation found he had violated the company's conflict-of-interest policies.

Kohl’s will conduct a search for a permanent CEO and said it will name a new chair in due course. The company couldn't be immediately be reached for comment.