Kohl’s on Tuesday forecast weaker-than-expected sales and its new chief executive warned that a turnaround will take “some time” – sending its shares toppling 22%.

Kohl’s shares hit a 52-week low of $14.22 before finishing at $15.22, down 17%. Shares are down 47% so far this year, while Macy’s shares have dropped 21% in the same period.

Kohl's brought on a new CEO in January, who has a pay package of $20 million. The median Kohl’s employee brings home $15,763 annually. advertisement. The Mirror US.

Kohl’s Corp. has reported another disappointing earnings and revenue, and has confirmed a change at the helm. After posting its 11th consecutive quarter of comparable sales decline for the third ...

Kohl's plans to close 27 of its underperforming stores by April 2025 as part of the struggling retailer's transformation process.. The Menomonee Falls, Wisconsin-headquartered company ...

Kohl's said in November that its net sales for the third quarter fell nearly 9% from a year ago, $3.5 billion. The company reported net income of $22 million, down from $59 million for the same ...

Ashley Buchanan, former Michaels CEO, is Kohl’s new CEO. Employees at the stores were offered severance packages or the chance to transfer to neighboring stores. After the closures, Kohl’s ...

Kohl's has 52 locations in Florida, according to the store's website. Stores slated to be closed Saturday have a note on top of the store's website saying: "This store will be closing soon.

More than 25 Kohl's stores across the country will be shut down by April, the company recently announced. Here's which stores will be closing. News Sports Indy 500 Things To Do Opinion Advertise ...