In the face of a tough retail environment, Kohl’s is reshaping its identity to feature its value-driven appeal for the entire family. With sales slipping and consumers tightening their belts, the retailer is doubling down on its promise of affordability, hoping to transform current challenges...
Kohl’s President and Chief Operating Officer Dave Alves has left the company, after about seven months in those roles. “On November 17, 2023, Kohl’s Corporation (the “Company”) announced that Dave Alves, the Company’s President and Chief Operating Officer, will be departing the company effective November 17, 2023,” the...
As Amazon and Walmart engaged in a checkout showdown throughout October in the holiday shopping race, Kohl’s is looking to distinguish itself and ensure customer loyalty in the upcoming month. To achieve this, Kohl’s has expanded its retail space at the front of the store, specifically allocated for seasonal items like...
November 25, 2024
Kohl’s has appointed Michaels Companies CEO Ashley Buchanan to succeed its current CEO Tom Kingsbury when Kingsbury steps down on Jan. 15. Kingsbury will retain an executive advisory role and board seat through his retirement in May, the retailer said in a Monday (Nov. 25) press release. Buchanan is a retail veteran who has been […]
November 20, 2023
Kohl’s President and Chief Operating Officer Dave Alves has left the company, after about seven months in those roles. “On November 17, 2023, Kohl’s Corporation (the “Company”) announced that Dave Alves, the Company’s...