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Category: Kohl’s Corporation
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Holiday Shopping Season Separates Winning Retailers From Losers
Consumers are seeking deals and being choosier about their spending in the crucial final weeks of the year, executives say.
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Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Ashley Buchanan will be the third chief executive of the department store chain since 2018.
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Holiday Sales Growth Expected to Normalize to Prepandemic Levels
Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.
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U.S. Consumers Are Showing Signs of Stress, Retailers Say
Consumer spending remains resilient, but retailers’ latest earnings offered a glimpse into worrying shifts in shopping habits.
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Latest Retail Trend: Men as C.E.O.s
A number of prominent companies have recently hired men to run them, often placing them in roles that had been occupied by women.
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Retailers Lay Out a Downbeat Outlook as Inflation Squeezes Low-Income Shoppers
The New York Times – Business:Despite better-than-expected earnings, retail executives predict that any sales growth will be much smaller than in years past.
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Kohl’s Closing In on Naming Permanent C.E.O.
The New York Times – Business:Tom Kingsbury, the interim chief executive, is in late-stage talks to replace Michelle Gass, who left the retailer to join Levi’s last year.
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The Stores That Will Be Open on Thanksgiving and Black Friday 2022
The New York Times – Business:Many large retailers said they planned to close their doors on Thursday.
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Kohl’s Says Its Chief Executive, Michelle Gass, Will Depart
The New York Times – Business:Ms. Gass, who will be replaced on an interim basis by Tom Kingsbury, is leaving ahead of the critical holiday season.