by Mike Duff | Jan 15, 2025 | Retail Articles
The Michaels Cos. board of directors has established an interim office of the chief executive officer to provide leadership continuity following the previously announced departure of former CEO Ashley Buchanan, who just took up leadership of Kohl’s. The office of CEO...
by Mike Duff | Nov 26, 2024 | Featured News, Retail Articles
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...
by Mike Duff | Oct 11, 2024 | Retail Articles
Kohl’s plan for the holidays spotlights more gifts at affordable prices, an inspiring shopping experience with new in-store curations and value in the form of fresh deals every week throughout November and December. Home goods figure prominently in Kohl’s holiday...
by Mike Duff | Aug 28, 2024 | Featured News, Retail Articles
Kohl’s Corp. beat second-quarter earnings estimates, noting it experienced strength in categories it has identified for growth, including Sephora beauty, home decor, gifting and impulse, while weaker consumer spending in its core segments pressured overall sales....
by Mike Duff | May 30, 2024 | Featured News, Retail Articles
Although it fell short of expectations in the first quarter, Kohl’s pointed to gains in building the business through such initiatives as expanding its Sephora platform, adding Babies “R” Us shops and improving its home business. Kohl’s posted a net loss of $27...
