Ashley Buchanan takes over Wednesday as the new ... four years as the leader of crafting giant Michael’s Co. where he struck a deal to sell the company to private equity investors.

Kohl's Inc. (NYSE: KSS) is cutting around 10% of its corporate workforce, impacting fewer than 400 roles, after the appointment of new CEO Ashley Buchanan.

Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are ...

The Michaels Companies has appointed an interim office of the chief executive office as its CEO, Ashley Buchanan, plans to depart Wednesday. President Heather Bennett, Chief Merchandising Officer ...

The closures across 15 states are expected to take place by April. Each of the locations set for closure were identified as ...

Kohl’s shoppers have a message for incoming Chief Executive Ashley Buchanan: Bring back the old Kohl’s. To chase younger shoppers and reduce inventory, the department-store chain in recent years ...

Kohl’s Corp. is eliminating about 10% of roles that report into its corporate offices as part of the retailer’s bid to improve results.

The Menomonee Falls-based retailer has been struggling to maintain a customer base and adapt to changing shopping trends.

who is stepping down Wednesday and being replaced next week by Ashley Buchanan, the chief executive of arts and crafts chain Michaels. Kingsbury will stay on as an advisor to Buchanan and on the ...

Kohl's announces corporate layoffs following store closures and CEO replacement, as stock falls by 52% in the last 12 months.