Kohl's Customers Push CEO to Restore Retailer's Past Glories
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Kohl's has appointed Ashley Buchanan, former CEO of Michaels Companies, as its new CEO following the departure of Tom Kingsbury. Customers are hopeful that Buchanan can restore the retailer's past successes.
January 20, 2025 | 5:00 pm
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Kohl's has appointed Ashley Buchanan as the new CEO, replacing Tom Kingsbury. Customers are optimistic about Buchanan's potential to revive the retailer's past successes.
The appointment of a new CEO often brings optimism and potential strategic changes, which can positively impact stock prices in the short term. Buchanan's previous experience as CEO of Michaels Companies may instill confidence in investors and customers.
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