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U.S. department store retail chain Kohl's ( NYSE: KSS ) on Thursday named Tom Kingsbury as permanent CEO. Kingsbury had been named interim top boss effective Dec. 2022 after previous CEO Michelle Gass moved to Levi's ( LEVI ). Kingsbury had been a member of KSS' board ...
Kohl’s Corporation ("Kohl’s" or the "Company") (NYSE: KSS) announced today its Board of Directors (“Board”) has unanimously appointed Tom Kingsbury as Chief Executive Officer, effective as of February 2, 2023. Mr. Kingsbury has served as Interim Chief Executive Officer...
Goldman Sachs is bearish on Kohl's Corporation ( NYSE: KSS ) with a Sell rating on the department store stock reinstated. Analyst Brooke Roach noted competitive pressures are most intense in the sector for the Kohl's ( KSS ) brand, with its lifestyle and active positioning in dire...
Summary My last article explains why Powell will disabuse any notion that the end of fast and sharp rates coming to an end means that liquidity returns. I listed a number of non-raising tactics he could implement that will take away the proverbial "Punch Bowl". The fact that the 10 ...
Kohl's Corp. ( NYSE: KSS ) is in late-state talks to appoint interim CEO Tom Kingsbury as permanent CEO of the department store chain. Kingsbury will replace Michelle Gass who left the retailer last year to become the CEO of Levi's. An announcement is not expected this week, according...
Summary Kohl's debt sold off sharply last year, providing an entry point for me to purchase. The company has struggled throughout 2022 with cash flow. Based on an 8-K filing last week, I decided to sell my debt. When concern amongst the bondholders of Kohl's ( KSS ) se...
Summary We explore the factors that may contribute to 2023 returns, including interest rate policy and its effect on the real economy, bond market expectations, and the impact of the yield curve. Fallen angels underperformed broad HY by 2.78% (-14.00% vs. -11.22%) for 2022, with more th...
To kick off the new year, Kohl’s (NYSE: KSS) is donating more than $500,000 to more than 20 nonprofits serving families in Milwaukee and Waukesha Counties through the Kohl’s Hometown Giving Program. The Kohl’s Hometown Giving Program, now in its fifth year, is an importan...
Summary Nordstrom shares have declined 29% over the past year as the company has suffered from a promotional retail environment and rising costs. Roughly 1/3 of Nordstrom's revenue comes from its off-price Nordstrom Rack business which has the potential to increase its store base by 50%...
Summary Department Stores are in green, performing well in the Consumer Cyclical sector, which rebounds as a whole. Macy’s technical setup shows a deceptive type of indecisiveness. Momentum could be explosive within the next weeks, most definitely in the first half of 2023. ...
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U.S. stocks were higher, with the Dow Jones gaining more than 90 points on Monday. Shares of GameStop Corp. (NYSE:GME) rose sharply during Monday...
Kohl's Corporation (NYSE: KSS) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 11.78% on the day to $26.75. Kohl's Corporation operates as a retail company in the United States. It offers branded apparel, footwear, acces...
Partnership supports the expansion of youth programming, trauma-informed training, and the creation of a new mental health support group in the Milwaukee area over the next two years Kohl’s (NYSE: KSS) announced today a $200,000 commitment to the National Alliance on Mental...