Kohl's shares tumble on earnings miss, CEO to step down in January
Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.
Babies 'R' Us coming to Kohls stores in the fall
Babies "R" Us shops will start to appear in Kohl’s this fall. The retailer said Thursday the first of the Babies "R" Us at Kohl’s sections have already launched.
Kohl's shares tumble after retailer reports sales slump, lowers forecast
Shares of Kohls Corp. plunged as much as 25% on Thursday after the retailer reported a surprise loss in the first quarter and cut its forecast for the year.
Kohl's Rewards program: Shop and save with Kohl's Cash
Discover how to earn 5% back on every dollar spent with Kohl's Cash Rewards program in addition to Sephora Beauty Insider points. Over 30 million customers enjoy these benefits.
Thanksgiving hours: Stores that will be open, closed
Several major retailers are closing their doors this Thanksgiving to give their workers some time off. However, a handful of companies will be open for limited hours.
Kohl's third quartering earnings reveal revenue decline amid CEO's departure
Kohl's withdrew its sales and profit forecasts following a third-quarter earnings report that revealed revenue decline amid record-high inflation.
Kohl's CEO Michelle Gass to step down, joins Levi Strauss
Kohl's CEO Michelle Gass, who joined the retailer in 2013, will step down next month. The company named Tom Kingsbury as interim CEO until it finds a permanent replacement.
Activist investor calls on Kohl's board to oust chair, CEO
Sources familiar with the matter told FOX Business that Ancora believes Kohl's board member and former Burlington Stores CEO Thomas Kingsbury could work as a possible successor to either Gass or Boneparth.
Oak Street in $2B bid for Kohl's real estate
Just as Bed Bath & Beyond did, this struggling retail giant is looking for a new buyer to liquidate its real estate assets to improve its financial situation.
Kohl's cuts annual forecasts as inflation squeezes demand
High inflation has made Americans less inclined to spend on clothing, shoes and other non-essentials, pressuring demand at retailers and leaving them with bloated inventories.
Kohl's shares sink after ending sale talks with Franchise Group, lowering outlook
Kohl's received an initial bid of $60 per share from The Vitamin Shoppe owner valuing the retailer at about $8 billion. However, it later submitted a revised $53 per share offer without definitive financing arrangements to consummate a transaction.
Wednesday's trading: 5 Things to know
Here are the key events taking place on Wednesday that could impact trading including the DOE's inventory, U.S. trade gap and retail news.
Kohl's becomes latest retailer to warn of inflation eating into profits
The company said it expects fiscal 2022 per share adjusted earnings of $6.45 to $6.85, compared with its previous forecast of $7.00 to $7.50.
Walmart, Kohl's falsely marketed 'bamboo' fiber in bedding, towels, bras: FTC
The Federal Trade Commission has launched lawsuits against Walmart and Kohl's, claiming false advertising on a wide range of "bamboo" products.
Sycamore and Hudson’s Bay prepare Kohl’s bids
Private-equity firm Sycamore Partners and Canada’s Hudson’s Bay plan to submit takeover bids for Kohl’s Corp. that could value Kohl’s above $9 billion, according to people familiar with the matter.
Kohl's betting big on Sephora, smaller stores amid pressure from activist investors
Kohl's is aiming to become the retailer of choice for the active and casual lifestyle and a destination for iconic national brands as it faces pressure from activist investors to pursue a sale.
Kohl's adding 400 Sephora shops in 2022
On Tuesday, Kohl's revealed a list of 400 additional stores in 36 states, from Alaska to Maine, that will have a Sephora at Kohl’s shop.
Kohl's slaps down takeover offers
Kohl's shoots down a takeover offer, and investors are taking the snub in stride.
Kohl's stock soars on takeover offer
Kohl's takeover offer is rewarding investors.
Kohl's under fresh pressure as Sycamore expresses interest after Acacia made bid
U.S. department store Kohl's Corp may soon receive a second takeover offer as private equity firm Sycamore Partners prepares to make a bid only days after a consortium backed by activist investment firm Starboard Value proposed buying the company, three sources familiar with the matter said on Sunday.