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Kohl’s Appoints J. Ashley Buchanan
Kohl’s Snags Ashley Buchanan from Michael’s as New CEO; Kingsbury Signals Exit
The Board has appointed retail veteran Ashley Buchanan as CEO, effective January 15. Buchanan has been CEO of Michaels Companies since 2020. Before that, he held various senior executive roles at Walmart and Sam’s Club during his 13 years at the company.
Kohl’s Names Ashley Buchanan From Michael’s as Next CEO
Kohl’s has appointed former Walmart executive Ashley Buchanan as chief executive as the department store aims to lure back its value-seeking customer base amid falling sales.
Ashley Buchanan named the next CEO of Kohl's; Tom Kingsbury to step down
Tom Kingsbury will step down as top boss of Kohl’s Corporation (NYSE:KSS) effective January 15, 2025, the company said in a statement Monday. He will be replaced by Ashley Buchanan as CEO. Buchanan has been the chief executive of Michaels Companies since 2020 and,
The Business Journals
3d
What Kohl's will pay its new CEO when he starts in January
Ashley
Buchanan
is joining Kohl's Corp. from The Michaels Cos. Inc., where he has been the CEO since 2020. The new head ...
2d
How activist investor fights, poor sales led Kohl's Corp. to its third CEO in four years
Buchanan led The Michaels Companies as CEO since 2020. In 2021, he helped make a deal with Apollo Global Management to take ...
3d
Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Mr. Buchanan will be the third chief executive at Kohl’s since 2018. Tom Kingsbury has served as interim chief executive ...
7h
Turnarounds uncertain at Macy's, Kohl's, Nordstrom as department stores enter the holiday season
Plus, off-price retailers such as Ross Stores (ROST) and TJX Companies (TJX) owned TJ Maxx and Marshall's, "are taking sales ...
1d
Kohl’s Shakes Up Leadership As Retailer Reports $37 Million Drop In The Third Quarter Over 2023
Kohl’s Corp. has reported yet another disappointing earnings and revenue quarter, and has confirmed a change at the helm, ...
3d
Kohl’s incoming CEO has a tough road ahead. Here’s why
Kohl's names Ashley Buchanan its new chief executive. An overview of challenges he will likely face as Kohl's CEO.
BizTimes
2d
Kohl’s struggles through third quarter, looks to refocus on ‘core business’
Menomonee Falls-based Kohl's Corp. had another disappointing quarter with net sales and comparable sales falling 8.8% and 9.3 ...
3d
CEO to leave Michaels, head to department store
Michael Bender, chair of the Kohl's board, said in a statement Buchanan's "vast retail experience leading operations, ...
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Kohl's
Michaels
Tom Kingsbury
Board of directors
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