Kohl's Turnaround Plan Includes More Bling, Broader Sizing—and a New CEO
Kohl's new CEO is on a charm offensive, pursuing shoppers with private labels and jewelry. Michael Bender on Monday secured the role full time after helping Kohl's (KSS) regain some footing as its interim CEO. He steps into the big chair at the retail chain, which had begun to struggle—according to its last CEO, Ashley Buchanan—as it overlooked items that were popular with long-time customers and tried to appeal to a new audience. Buchanan developed a plan to revive the business, but was fired seven weeks l ...