Ashley Buchanan takes over Wednesday as the new Kohl's CEO — the company's third leader in four years — at a time of store ...
Less than two weeks into 2025 Kohl's Corp. announced it was planning to close 27 underperforming stores in 15 states.
The announcement comes as the Menomonee Falls, Wisconsin-based chain has posted 11 consecutive quarters of sales declines. Michaels CEO and retail veteran Ashley Buchanan is set to take over as ...
Kohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — ...
The news comes less than a week before a leadership transition, when Ashley Buchanan succeeds Tom Kingsbury as the Menomonee Falls-based ... are in its home state of Wisconsin.
Traditional department stores have struggled to retain customers as consumers shop online and look for bargains.
The closings come as the Wisconsin-based chain had 11 consecutive quarters of sales declines and faces new leadership.