Kohl's is closing 27 underperforming stores across the US by April. The closures will impact stores in 19 states, with California, Ohio, Illinois, and Virginia seeing the most closures. A distribution ...

Kohl’s is closing 27 stores across more than a dozen states as the struggling retailer looks to improve profitability. The closures, to be completed by April, are a small fraction of the chain’s 1,150 ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

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 ...

Kohl’s has terminated its new CEO Ashley Buchanan after an investigation determined that he directed the retailer to engage in vendor transactions that involved undisclosed conflicts of interest. Kohl ...

Kohl’s replaced newly installed chief executive Ashley Buchanan this week, after an outside investigation found he steered company business to a person with whom he had a personal and undisclosed ...

Kohl's has slashed about 10% of its corporate workforce. The move comes weeks after the struggling retailer announced it would be closing 27 "underperforming" stores in 15 states by April. That leaves ...

With Labor Day just around the corner, stores are preparing for the federal holiday. While some services and stores may close in honor of the day, many remain open for this particular holiday. However ...

Kohl's exceeded quarterly earnings expectations and plans to maintain momentum through increased promotions and deals. The company is focusing on "impulse buys" with expanded queuing lines in stores.