Department store chain Kohl’s is closing 27 “underperforming” stores across the United States, including a Sacramento-area ...

The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.

The Michaels Cos. has found a new leader with a background that includes retail after losing its last chief executive officer to another retailer. The Irving-based chain, which serves fans of arts and ...

In an message to employees, CEO Ashley Buchanan said about 10% of roles reporting to the corporate headquarters have been cut ...

The closures across 15 states are expected to take place by April. Each of the locations set for closure were identified as ...

But after years of declining sales, a sharp drop in stock value and waning customer trust, Ashley Buchanan could find the chain’s problems hard to turn around. While Kohl’s more than 1,150 ...

This continued decline contributed to Kohl's CEO Tom Kingsbury retiring and being replaced by Ashley Buchanan (who resigned as CEO of Michaels to take this job). While Buchanan has a challenging ...

Michaels on Tuesday named Staples Canada veteran David Boone its new CEO, effective Feb. 28. Boone arrives from e-commerce and third-party logistics company Essendant, where he is serving as interim ...

Kohl's trimmed its workforce less than two weeks after its new CEO, Ashley Buchanan, took on the top executive role for the Menomonee Falls retailer. Kohl's announced it has cut 10% of the jobs at ...

The closures were announced in early January, just days before new CEO Ashley Buchanan took the helm, replacing Tom Kingsbury. During 2023, Kohl’s employed roughly 96,000 people, including ...

The decision was announced roughly a week before the new CEO took over. Ashley Buchanan is Kohl's third CEO in four years If Kohl's is going to become more profitable as a company, it'll be in ...