Kohl’s to bring aboard veteran of Michael’s and Walmart as new CEO. Shares are falling.

Date:

November 25, 2024

Kohl’s Corp. on Monday said Tom Kingsbury would step down as its chief executive in January and that it would bring aboard a digitally-focused veteran of Walmart Inc. and Michaels to lead the department-store chain, as it deals with enduring consumer wariness over higher prices.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Kohl’s to bring aboard veteran of Michael’s and Walmart as new CEO. Shares are falling.

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