Kohl's Customers Push CEO to Restore Retailer's Past Glories
Kohl's shoppers are reportedly hoping the chain's new CEO can bring back some old favorites. The retailer appointed in November Michaels Companies CEO Ashley Buchanan to succeed CEO Tom Kingsbury, who stepped down last week.
Kohl's is closing 27 stores by April. Here's the list.
Kohl's plans to close 27 underperforming stores by April. The retailer operates more than 1,150 locations across the US.
Kohl's is closing 27 stores in 15 states. Here's where they're located
Twenty-seven "underperforming" Kohl's stores are set to shutter this spring. The company published a list of the locations late last week.
Kohl's to Close Stores and Facility in 2025 Amid Ongoing Struggles
KSS will close a fulfillment center and 27 underperforming stores in 2025 amid ongoing challenges in the competitive retail market.
Kohl's to close 27 department stores nationwide — including 10 in California
Kohl's has faced significant challenges in recent months during which it has seen leadership changes amid dismal earnings reports and economic headwinds.
Macy's or Kohl's could be the next to consolidate as M&A heats up, says Jan Kniffen
Jan Kniffen, CEO of J. Rogers Kniffen WWE, joins CNBC's 'The Exchange' to discuss outlooks on the Nordstrom move to go private, expectations for M&A, and more.
Trade Tracker: Jenny Harrington sells Kohl's
Jenny Harrington, CEO at Gilman Hill Asset Management, joins CNBC's "Halftime Report" to explain why she's getting out of the struggling retailer. The Committee discuss other retail names.
Kohl's Stock Trades Near 52-Week Low: Buy Opportunity or Warning?
The KSS stock witnesses consistent declines, reaching a 52-week low mark last week. The stock lacks momentum backed by pressures on sales and soft traffic trends.
Kohl's Corporation: How Safe Is This 13.2% Yield?
Kohl's 13.2% yield is high risk due to financial headwinds, despite potential growth from Sephora and lower interest rates. Declining sales and earnings have pressured Kohl's, with management revising guidance downward and focusing on inventory and digital marketing. Kohl's balance sheet shows some flexibility, but cash flow growth is crucial for maintaining dividends and resuming share repurchases.
Kohl's downgraded to Neutral from Buy at Guggenheim
Guggenheim downgraded Kohl's to Neutral from Buy.
Kohl's: Poor Underlying Demand For The Foreseeable Future
I maintain a hold rating on Kohl's Corp due to persistent poor demand. 3Q24 results showed an 8.5% revenue decline, with same-store sales growth at -9.3% y/y, leading to a 63% drop in EPS. The macro environment and intense promotional activities are expected to continue hindering KSS's growth, with no substantial sales improvement in sight.
Kohl's has a new CEO, but not enough of the things its shoppers depend on
When Kohl's Corp. on Monday announced it was getting a new chief executive next year, investors got suspicious. On Tuesday, the department-store chain confirmed those suspicions, reporting results that missed expectations and sending shares sharply lower.
