Kohl's fires its CEO months after he started the job

Kohl's fired its new CEO, Ashley Buchanan, less than four months after appointing him to the role. The department store said Thursday that its board of directors terminated Buchanan after an outside counsel investigation found that Buchanan had given favorable deals to someone close to him.An SEC filing submitted on Wednesday said Buchanan directed Kohl's to "conduct business with a vendor founded by an individual with whom Mr. Buchanan has a personal relationship on highly unusual terms favorable to the v ...