Kohls

Kohl's Joins Trend of Retailers Moving Away from DEI Language

21 days ago

In a significant shift that is shaking up the retail landscape, Kohl's has become the latest major retailer to step back from using Diversity, Equity, and Inclusion (DEI) language in its corporate communications. This change is indicative of a broader trend among retailers reevaluating their messaging strategies in response to consumer feedback and societal shifts. The move away from DEI language signifies a desire to refocus on inclusive practices without the potentially divisive terminology that has emerged in recent years.

Kohl's Disappoints with 2025 Forecast, Raising Turnaround Concerns

24 days ago

In a surprising turn of events, Kohl's Corp. has released a financial forecast for the year 2025 that has fallen short of market expectations. This news has intensified concerns regarding the retailer's ongoing efforts to revitalize its brand and boost sales amid fierce competition in the retail sector.

Kohl's Implements Major Corporate Overhaul: 10% Job Cuts Under New CEO Tom Buchanan

2 months ago

In a significant shift aimed at revitalizing its corporate structure, Kohl's has announced plans to reduce its workforce by 10%. This decision comes shortly after the appointment of Tom Buchanan as the new Chief Executive Officer. With the retail landscape continuously evolving, this restructuring is viewed as a strategic move to enhance efficiency and streamline operations within the company.

Kohl's Revises Sales Outlook Amid Decline in Apparel and Footwear Spending

4 months ago

In a noteworthy development for the retail sector, Kohl's has adjusted its sales forecast downward, citing a decline in consumer spending on clothing and shoes. This revision is indicative of broader economic pressures that are influencing buying behaviors, particularly in the fashion domain. The company's latest report disclosed this unexpected shift, which has sent ripples through the retail industry.

Kohl's Announces Leadership Change: Buchanan to Succeed Kingsbury as CEO

4 months ago

Kohl's Corporation has confirmed a significant shift in its executive leadership by naming Tom Buchanan as the new Chief Executive Officer, taking over from Michelle G. Kingsbury. This announcement comes amid a transitional period for the company as it aims to revitalize its operations and address ongoing challenges in the highly competitive retail landscape.