Kohl’s CEO heads for exit
[ad_1] Menomonee Falls, Wis. – After a tumultuous 2022, Kohl’s CEO Michelle Gass is leaving the company and will join Levi Strauss within 18 months as its new CEO. Thomas Kingsbury She will resign both her position and her seat on Kohl’s board of directors effective Dec. 2. The board has appointed Tom Kingsbury to […]
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Kohl’s taking a fresh approach to home merchandising in new concept stores
[ad_1] A rendering of Kohl’s mini store format shows the open-plan layout and more modern fixtures. Menomonee Falls, Wis. – Kohl’s later this week will kick off its pursuit of what it calls a $500 million opportunity with the grand opening of small-sized stores in four states. At approximately 35,000 sq. ft. the stores are […]
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Kohl’s quells activist investor just in time for new CEO succession
[ad_1] Menomonee Falls, Wis. – As it seats its new CEO, Kohl’s has reached a détente with the activist investor that has bedeviled the company since early 2021. The retailer announced that interim CEO Tom Kingsbury is taking on the top position permanently, effective Feb. 2. He was appointed to the interim role on Dec. […]
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5 things to know about the man who is likely to become Kohl’s next CEO
[ad_1] Thomas Kingsbury Menomonee Falls, Wis. – Kohl’s is reportedly close to announcing its new CEO. Interim CEO Thomas Kingsbury is in “late-stage” conversations with Kohl’s about taking on the position permanently, according to reports from Reuters and the New York Times. Here are 5 fast facts about Kingsbury and his associations with Kohl’s: 1. […]
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Kohl’s merchandising team takes hit in corporate reorganization
[ad_1] Menomonee Falls, Wis. – A shake-out at Kohl’s headquarters has eliminated dozens of positions, primarily in merchandising and marketing. According to reports from the Milwaukee news outlets, Kohl’s has reorganized some leadership roles and positions. In the process, it cut less than 60 positions. “Today, Kohl’s reorganized parts of our organization to drive greater […]
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