Por: Orlando Sentinel Business March 01, 2023
NEW YORK (AP) — Kohl’s plans to cut inventory by roughly 5% this year, be more surgical with discounts and change how it showcases its merchandise to get shoppers to buy after the department store chain reported a big loss and a sales slump in the fourth quarter. The retailer, based in Menomonee Falls, Wisconsin, also issued an annual profit outlook that fell below Wall Street expectations as the company grapples with customers cutting back... + full article
Associated Press USA Business March 01, 2023
NEW YORK (AP) — Kohl’s swung to a surprise fourth-quarter loss and sales slumped as the department store was forced to slash prices to get customers to buy clothing as inflation squeezed family budgets. The retailer, based in Menomonee Falls, Wisconsin, also issued an annual... + más
Boycott hits Kohl's just as CEO gets good news | Newsweek
Kohl's CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting | CNBC
ABC News USA Business March 01, 2023
NEW YORK -- Kohl's swung to a surprise fourth-quarter loss and sales slumped as the department store was forced to slash prices to get customers to buy clothing as inflation squeezed family budgets. The retailer, based in Menomonee Falls, , also issued an annual profit... + más
CNBC USA Business November 17, 2022
In this articleThe Kohl's logo is displayed on the exterior of a Kohl's store on January 24, 2022 in San Rafael, California.Justin Sullivan Getty Images on Thursday withdrew its full-year outlook, pointing to volatility in the retail environment and significant... + más
Kohl's CEO leaves for Levi's | CNN
Associated Press USA Business November 09, 2022
NEW YORK (AP) — Michelle Gass, CEO of department store chain Kohl’s, is stepping down from her role early next month and will become the president of denim giant Levi Strauss & Co.Levi’s said Tuesday in a release that Gass will start on Jan. 2, and the board of directors... + más
Levi Strauss CEO says company's search for new leader got help from unlikely source | CNBC
CNN USA Business November 08, 2022
New York CNN Business — In a surprise executive shuffle, Kohl’s chief executive Michelle Gass will leave the department store chain to become the CEO-in-waiting at Levi Strauss. Kohl’s has been under intense pressure from activist investors on Wall Street in recent... + más
CNBC USA Business November 08, 2022
In this articleKohl's Chief Executive Officer Michelle GassSource: Kohl's said Tuesday that CEO Michelle Gass is leaving for a new opportunity after the retailer came under pressure to shake up its leadership.In a separate release, said Gass will join the company in... + más
Orlando Sentinel USA Business October 13, 2022
An activist investor that has been pressing Kohl’s for a new strategy to turn around struggling operations is again attempting to shake up the department store’s board. Macellum Advisors GP, LLC, which controls nearly 5% of the outstanding common shares of Kohl’s Corp.,... + más
Activist investor pushes to oust Kohl's CEO and chairman | CNBC
Activist investor pushes for removal of Kohl's chairman, CEO | ABC News
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