As it initiates a CEO transition, Kohl’s admitted a deemphasis on core, opening-price point, own-brand apparel in third quarter led to softer traffic that ultimately dampened sales across the store, including the home assortment. Home is among the categories Kohl’s...
Kohl’s Chairman Peter Boneparth will retire from the retailer’s board at the end of his current term in May of 2024, at which time Michael Bender will become Kohl’s chairman, the company reported. The Kohl’s board also appointed Adolfo Villagomez as...
Michelle Gass, Kohl’s Corp. CEO, is stepping down from her post and board of director membership to take a newly created executive position at Levi Strauss & Co. that figures into that organization’s succession plan. Kohl’s board of directors announced that...
Kohl’s Corp., in its latest response in the battle with activist investor Macellum Advisors, issued a letter to shareholders touting the qualifications of the retailer’s current board members. In response to Macellum complaints about the actions of the...
