Michael Bender has improved the retailer's financial results and corporate culture, the company said on Monday. ...

Kohl's (NYSE: KSS) is in focus today after the retailer named Michael Bender its permanent chief executive, ending months of speculation about who would lead the beleaguered department store chain. ...

Market Overview - The market is experiencing volatility with major indices showing mixed movements, including the Dow up about 0.21%, Nasdaq up about 1%, and S&P 500 up about 0.61% [1] - Bitcoin has seen a significant decline, down approximately 24% over the last two months, with a recent drop of about 6% in the past week [1][3] - The total capitalization of the crypto market has fallen by about 24% since its October peak, equating to over $1 trillion in value lost [1] Consumer Spending and Retail - The National Retail Federation anticipates that consumers will spend over $1 trillion this holiday season, marking a strong consumer sentiment [2] - Recent retail earnings reports have shown mixed results, with companies like Gap and TJ Maxx performing well, while Home Depot's results were less favorable [2] - High-income consumers are driving spending, while low-income consumers remain under pressure [2] AI and Technology Sector - Goldman Sachs suggests that the narrative around AI capital expenditures (capex) is crucial for market stability, with expectations of continued growth in technology demand [2][3] - Nvidia's recent performance is seen as a key indicator for the tech sector, with any weakness potentially impacting broader market sentiment [2][3] Cryptocurrency Insights - Institutional investors are currently sidelined, with Bitcoin ETF outflows reaching $3.5 billion in November, the largest since February [4] - The correlation between Bitcoin and the NASDAQ suggests that stabilization in crypto prices may be necessary for broader market recovery [5][6] - Analysts express caution regarding a V-shaped recovery for Bitcoin, citing the need for more dovish Fed commentary and institutional participation [4][5] Company-Specific Developments - Moderna has faced significant stock price declines, down 43% this year, and is currently the most shorted stock in the S&P 500, with 20% of shares shorted [28][30] - Pfizer is diversifying its business into weight loss drugs and other areas, contrasting with Moderna's struggles to adapt post-COVID vaccine demand [29][30] - Analysts highlight the need for Moderna to diversify its product offerings beyond COVID vaccines to regain investor confidence [31][35]

Core Insights - Kohl's Corp has appointed Michael Bender as its permanent CEO to lead the company's turnaround efforts after experiencing declining sales and profits [1] Company Summary - The appointment of Michael Bender, a retail veteran, indicates a strategic move to leverage internal expertise for revitalizing the company [1] - The company has faced challenges including years of sliding sales and shrinking profits, highlighting the need for effective leadership [1]

Core Insights - Kohl's has appointed Michael Bender as its permanent chief executive, promoting him from his interim position as the company seeks to address ongoing sales declines [1] Company Summary - The appointment of Michael Bender is part of Kohl's strategy to revitalize the company after experiencing years of declining sales [1]

Kohl's said Monday that Michael Bender, who has served as its interim CEO, will become its permanent chief executive as the department store tries to get back to sales growth. He becomes the third CEO for the department store in three years. The move is effective as of Sunday.Bender, who has been director of Kohl's board since July 2019, became the company's interim CEO in May. The retailer appointed Bender to the position after firing CEO Ashley Buchanan after just a few months into his tenure.Kohl's fired ...

Core Insights - Kohl's Corporation is a prominent American department store chain, competing with major retailers like Burlington and Best Buy [1] - The company is expected to report a quarterly earnings per share (EPS) of -$0.19 and projected revenue of $3.37 billion on November 25, 2025, amid economic concerns [2] - Analysts are closely monitoring Kohl's financial metrics, including a price-to-earnings (P/E) ratio of approximately 8.46 and a price-to-sales ratio of about 0.11, indicating potential for sales generation [3][4] Financial Metrics - The enterprise value to sales ratio stands at 0.53, while the enterprise value to operating cash flow ratio is approximately 9.31, reflecting cash flow efficiency [3] - An earnings yield of 11.82% suggests a substantial return on earnings relative to the share price, appealing to investors [4] - Kohl's debt-to-equity ratio is 1.75, indicating financial leverage, and a current ratio of 1.36 shows the ability to cover short-term liabilities with short-term assets [4]

报道称，经过对多名候选人的面试选拔，公司董事会最终决定正式任命Bender出任CEO一职。据了解， Bender于2019年7月加入柯尔百货董事会，自今年春季起担任临时CEO。 这家深陷困境的零售商于今年5月解雇了上任仅100天的前任首席执行官Ashley Buchanan。此前公司调 查发现，Buchanan曾与某供应商存在未披露的私人关系，并在此期间积极推动与该供应商的合作。 针对置评请求，柯尔百货与Bender均未立即回应。该公司将于周二发布财报，届时市场可进一步观察 Bender领导下的企业走向，以及Buchanan既定战略的实际执行效果。 智通财经APP获悉，据知情人士透露，柯尔百货(KSS.US)预计最早将于当地时间周一正式任命Michael Bender为常任首席执行官。 ...

Core Viewpoint - Kohl's Corp. is set to appoint Michael Bender as its permanent CEO, following a series of leadership changes and challenges within the company [1][3]. Group 1: Leadership Changes - Michael Bender has been serving as the interim CEO since May, after the dismissal of former CEO Ashley Buchanan due to undisclosed personal relationships with a vendor [3][4]. - This marks the third CEO change for Kohl's in three years, highlighting ongoing struggles with sales against online and big-box competitors [3][5]. Group 2: Candidate Background - Bender has been a director on Kohl's board since July 2019 and possesses over 30 years of senior leadership experience in major retail companies, including Walmart and Victoria's Secret [4].

Core Viewpoint - Kohl's Corp is anticipated to appoint Michael Bender as its permanent chief executive as early as Monday, according to Bloomberg News [1] Company Summary - The appointment of Michael Bender is expected to be confirmed soon, indicating a potential shift in leadership strategy for Kohl's Corp [1]