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Keyword: kohls

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  • Ailing department store abruptly sacks CEO for alleged malpractice and stock price soars

    05/01/2025 7:28:57 AM PDT · by DFG · 23 replies
    UK Daily Mail ^ | 05/01/2025 | Ben Shimkus
    A department store has sacked its CEO after an investigation into alleged conflicts of interest. Kohl's announced that Ashley Buchanan, who has been CEO for six months, was relieved of his duties after the company claims it found evidence he favored certain vendors. The department chain said Buchanan didn't disclose this relationship in accordance with its company policies. Buchanon's release comes after an independent firm concluded the ex-CEO 'violated company policies by directing the company to engage in vendor transactions.' The company said the sacking is not attributed to the company's performance, though, the brand is facing some serious headwinds....
  • Kohl’s just fired its brand new CEO for unethical behavior

    05/01/2025 7:58:45 AM PDT · by Diana in Wisconsin · 15 replies
    Channel 3000 News/CNN ^ | May 1, 2025 | CNN Staff
    Kohl’s has fired its newly installed CEO, who has spent less than five months in the position, after the retailer found that Ashley Buchanan engaged in unethical behavior. Buchanan’s dismissal was “for cause,” a rare rebuke of a business leader that carries serious weight in the business community. It comes after an investigation from an outside counsel found that he “violated company policies by directing the company to engage in vendor transactions that involved undisclosed conflicts of interest,” according to a press release. Kohl’s added that his termination is “unrelated to the company’s performance, financial reporting, results of operations and...
  • Kohl's Announces Select Real Estate Changes [Stores closing]

    01/10/2025 10:52:31 AM PST · by Red Badger · 10 replies
    Kohl's ^ | January 10, 2025 | Staff
    San Bernardino E-commerce Distribution Center will close at end of lease term in May 2025 27 Kohl's stores in underperforming locations will close by April 2025 Kohl’s announced real estate changes for 2025, including the closure of its San Bernardino E-commerce Fulfillment Center (EFC) in May when the lease on that facility expires, and the closure of 27 underperforming stores, by April 2025. The San Bernardino, Calif. facility has been in operation for Kohl's since 2010. It is one of 15 EFCs and Distribution Centers in Kohl's supply chain network across the country. In recent years, Kohl's has increased efficiencies...
  • Kohl’s Closing 27 Stores Across The US Including In Mid-Atlantic

    01/09/2025 7:57:13 PM PST · by SeekAndFind · 13 replies
    Daily Voice ^ | 01/09/2025
    Kohl’s announced Thursday, Jan. 9, the closure of 27 underperforming stores, including locations in Pennsylvania, New Jersey, Massachusetts, and Virginia, as part of its 2025 real estate changes. The closures are expected to be finalized by April 2025 and are part of the company’s strategy to strengthen its store portfolio while adapting to evolving consumer trends. Among the affected locations are stores in Pennsylvania, New Jersey, Massachusetts, and Virginia. Pennsylvania Pottstown – 351 W Schuylkill Rd.New Jersey East Windsor – 72 Princeton Hightstown Rd.Massachusetts Stoughton – 501 Technology Center Dr.VirginiaHerndon – 2100 Centreville Rd.Williamsburg – 100 Gristmill Plz.Tom Kingsbury, CEO...
  • Men who stole from Kohl’s ask for lesser charges because the items they took were on sale, DA says

    01/06/2024 6:44:59 PM PST · by DennisR · 18 replies
    Hawaiin New Now ^ | Dec. 14, 2023 | Tony Keith and Emily Van de Riet
    DOUGLAS COUNTY, Colo. (KKTV/Gray News) – Defense attorneys for two men who stole items from a Kohl’s store in Colorado suggested their clients should face lesser charges because the items they took were on sale. According to a news release Tuesday from the 18th Judicial District Attorney’s Office, 50-year-old Michael Green and 37-year-old Byron Bolden were sentenced to jail after stealing from a Kohl’s store in Parker. The DA’s office said Green and Bolden stole clothing and high-end KitchenAid appliances.
  • Anheuser-Busch, Target and Kohls lost a collective $28.7 BILLION in market value since the beginning of April amid backlash over Pride campaigns and Dylan Mulvaney partnership

    06/16/2023 4:28:40 PM PDT · by Morgana · 21 replies
    Daily Mail UK ^ | June 16, 2023 | Emma James
    Target, Anheuser-Busch and Kohls have lost a huge $28.7 billion in market value in the wake of a major backlash over their Pride campaigns and products. Since the beginning of April all three have seen their market value plummet – with only Kohl's now starting to recover. Brewing giant Anheuser-Busch has seen their sales also drop after teaming up with controversial transgender TikTok star Dylan Mulvaney – losing 24.4 percent in the last week of sales. Separately both Kohl's and Target have been caught up in an ongoing backlash after unveiling their Pride collections at the start of May. Kohl's...
  • Kohl's slashes price of Pride merchandise by up to 60% just eight days into month-long LGBT celebration, after Target saw share price slump over 'tuck-friendly' swimwear for trans women

    06/09/2023 3:54:47 AM PDT · by C19fan · 28 replies
    UK Daily Mail ^ | June 8, 2023 | Harriett Alexander and Will Potter
    Kohl's has been forced to heavily discount its Pride merchandise after only a week of the monthly celebration, as Target continues to face the fallout from its own decision to promote Pride products. The Wisconsin- based retailer, which has more than 1,100 stores across 49 states, is now discounting its Pride collection both online and in stores. A navy blue t-shirt with the rainbow colors of the LGBTQ flag and the word 'pride' is now selling at a 60 percent discount, for $4.80.
  • The Culture War Moves to a New Phase

    06/08/2023 8:53:38 AM PDT · by Red Badger · 15 replies
    Daily Signal ^ | Neil Patel / June 07, 2023
    Left-wing nutballs have had the upper hand in America’s culture wars for a long time. They are hyperaggressive and focused on pushing America in a radical direction. They push their agenda on school boards, in local and national political venues, and on many corporations. To date, resistance has been isolated to a small number of dedicated conservative activists. Most Americans just want to get along whenever possible, not fight about sensitive social issues if they can help it and, most of all, not be mean to people. That’s a laudable attitude in general, but when up against radical, ideologically driven...
  • Multiple Kohl's in Wisconsin evacuated 'out of an abundance of caution,' police said

    06/04/2023 2:29:42 PM PDT · by Salman · 17 replies
    WISN (ABC News) ^ | 2023-06-02 | Mariana La Roche
    MILWAUKEE — Multiple Kohl’s stores were evacuated in southeast Wisconsin after police received information of bomb threats on Friday. Oak Creek police responded to a threat at Kohl’s on 9035 S Howell Ave. This store and other nearby businesses were evacuated for safety. Police searched for explosives with K-9 units but did not find "physical evidence to substantiate there was a credible threat to public safety.” ...
  • 'Another Company needing Bud-Lighting': Outrage grows as Kohl's stores offer LGBTQ clothing for babies as the outlet is the latest to face backlash over woke merchandise

    05/29/2023 12:59:46 AM PDT · by knighthawk · 48 replies
    UK Daily Mail ^ | May 29 2023 | STEPHEN M. LEPORE
    Kohl's has become the latest retailer to receive backlash for catering to the 'woke crowd' after shoppers slammed their LGBTQ+ apparel for infants. The onesies with the LGBTQ+ pride flag on them, specifically tailored to June, which is known internationally as Pride Month, have even sparked calls for a store boycott. One Twitter account put it succinctly: 'Looks like another company needing Bud-lighting!'
  • Most Major Retailers Are Carrying LGBT, Pride Merchandise for Children

    05/26/2023 12:24:38 PM PDT · by Red Badger · 39 replies
    Epoch Times ^ | May 26, 2023 | By Alice Giordano
    As Target continues to endure backlash over its newly launched “Pride” line of clothing and merchandise for kids, the retail giant is not alone in carrying woke wares for children and teens. Similar items that have prompted some to call for the “Bud Light treatment” of Target can also be found at Walmart, Kohl’s, Macy’s, Old Navy, The Gap, Apple, and many more. North Face, a popular go-to for high-quality outdoor gear, has taken what some see as an especially deep dive into retail radicalism with its “Summer of Pride” campaign. Tracy Holmes, who lives in central Pennsylvania, told The...
  • Pete Buttigieg Attacks Critics: ‘You Think Tucker Carlson Knows the Difference Between a T.J. Maxx and a Kohl’s?’

    03/05/2023 7:09:23 AM PST · by ChicagoConservative27 · 85 replies
    Breitbart ^ | 03/05/2023 | Joel B Pollack
    Secretary of Transportation Pete Buttigeg lashed out at critics on Sunday, calling Fox News’ Tucker Carlson — born and raised in California — a member of the “East Coast elite” who did not understand the working class. Buttigieg has come under fire lately for his mishandling of a toxic trail derailment in East Palestine, Ohio. He has also been slammed for being on unannounced parental leave during the cargo crisis of 2021, and for being on vacation in Portugal last year as a rail strike loomed — while pretending that he was still in the country.
  • California dad, 22-year-old daughter stabbed to death by homeless man: cops

    10/31/2022 9:20:15 AM PDT · by GrandJediMasterYoda · 45 replies
    NYPost.com ^ | 10/31/22 | Yaron Steinbuch
    California dad, 22-year-old daughter stabbed to death by homeless man: cops A California man and his 22-year-old daughter have been stabbed to death by a homeless man while they were working on their car outside a Kohl’s, police said. Ken Evans, 54, and McKenna Evans were spending time together around noon Thursday tinkering on their sedan in Palmdale, just north of Los Angeles, when the man attacked them for no apparent reason, the LA Times reported. Ken was rushed to a hospital, where he died, while his daughter was pronounced dead at the scene. LA County sheriff’s deputies have arrested...
  • SHOPPERS' HORROR Palmdale Kohl’s stabbing – 2 stabbed to death at department store near Los Angeles as cops swarm shop and shutdown area

    10/28/2022 6:53:31 AM PDT · by vespa300 · 31 replies
    The US Sun ^ | 10/28/2022 | Cheyenne Rubiera
    TWO people have died after they were stabbed outside a department store near Los Angeles, cops say. The victims were stabbed to death in broad daylight just before noon on Thursday at a Kohl’s store in Palmdale, California.
  • Walmart and other retailers are canceling billions of dollars in orders

    09/20/2022 2:43:11 AM PDT · by EBH · 75 replies
    Retail Wire ^ | 9/14/22 | Tom Ryan
    Walmart, Target, Macy’s and Kohl’s are among retailers that have recently said they are canceling some orders to better balance inventory levels, a replay of a strategy used at the start of the pandemic. Other steps retailers are using to clear inventories as spending has slowed on some non-discretionary categories are employing markdowns and packing away products for the following year. The elevated inventory levels also reflect intentional over-buying to mitigate shortages and the easing of supply chain constraints. One risk of canceling orders is straining or damaging relationships with trading partners. After the pandemic arrived, many retailers were called...
  • JCPenney owners are 'set to offer to buy Kohl's' in deal that could value department chain store at $8.6 billion - just two years after it filed for bankruptcy and shut down 30% of its stores during the pandemic

    04/25/2022 6:48:40 PM PDT · by Morgana · 37 replies
    Daily Mail UK ^ | April 25, 2022 | Alex Hammer
    The owners of department store giant JCPenney have reportedly made a multibillion-dollar offer to acquire one of the chain's biggest rivals - Kohl's - two years after filing for bankruptcy and shutting down nearly a third of its stores. The proposal from Simon Property and Canada-based Brookfield Asset Management - which together scooped the shopping mall stalwart out of bankruptcy in December 2020 to the tune of $1.5 billion - offers to buy the store at $68 a share, bringing the total value of the deal to $8.6 billion. A source reportedly told The New York Post, the first to...
  • Bed, Bath & Beyond stock collapses by 36% after Mike Lindell canceled: Retail chain suffers biggest 1-day loss ever amid boycott supporting 'MyPillow guy'

    01/29/2021 7:53:34 AM PST · by SeekAndFind · 127 replies
    NOQ Report ^ | 01/29/2021
    Amid a boycott in response to its politically motivated decision to drop Mike Lindell’s MyPillow products, shares of Bed Bath & Beyond plunged 36.4% at the close of trading Thursday. The retail chain suffered its biggest one-day loss since going public in June 1992.Article by Art Moore originally published at WND.The consumer organization Media Action Network launched the boycott of Bed, Bath & Beyond after the retail chain stopped selling Lindell’s products due to his support of President Trump’s claim that fraud affected the outcome of the 2020 election. Retailers Wayfair and Kohl’s also have stopped selling MyPillow products.Lindell, famous...
  • Kohls and “bed,bath and beyond” dropping “my pillow” for speech

    01/22/2021 4:32:04 AM PST · by mikelets456 · 55 replies
    Msn ^ | Msn
    Bed Bath & Beyond confirmed to Insider that it will cut ties with MyPillow. The retailer told Insider that the decision was driven by data and buying patterns. CEO Mike Lindell said it was due to social media pressure led by "leftist groups" in interviews. Visit Business Insider's homepage for more stories. Bed Bath & Beyond has cut ties with My Pillow, the pillow manufacturing company founded by Trump supporter Mike Lindell, the retailer confirmed to Insider. Lindell first reported the retailer axing his products, telling a Fox News affiliate and right-wing media outlet RSBN about stores dropping the brand....
  • My Pillow CEO Says Bed Bath and Beyond, Kohl’s to Stop Selling His Products

    01/19/2021 7:41:05 AM PST · by Onthebrink · 88 replies
    Epoch Times ^ | 1/19/2021 | Zachary Steiber
    My Pillow products won’t be carried in Kohl’s or Bed Bath & Beyond any longer, the company’s CEO says. CEO Mike Lindell said Monday that his company recently was notified of the discontinuance. “I just got off the phone with Bed Bath and Beyond. They’re dropping My Pillow. Just got off the phone not five minutes ago. Kohl’s, all these different places,” Lindell told Right Side Broadcasting Network.
  • My Pillow CEO Mike Lindell Says Bed Bath And Beyond, Kohl’s To Drop His Products; Dominion Voting Systems Threatens To Sue

    01/19/2021 12:28:03 AM PST · by Java4Jay · 49 replies
    My Pillow CEO Mike Lindell said in an interview Saturday that Bed Bath & Beyond and Kohl’s are among the retailers that will stop selling his products due to his continued support of conspiracy theories related to President Donald Trump’s election loss.