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Thomas A. Kingsbury (born 1952) [1] is the Chief Executive Officer of Kohl's Department Stores as of 2023, after the departure of CEO Michelle Gass who assumed the same position at Levi Strauss. He served on the Board of Directors of Kohl's since 2021. Tom was Chief Executive Officer and President of Burlington Stores, Inc. from 2008 to 2018. [2]
US$3.89 billion (2023) [1] Number of employees. ~97,000 (2022) [2] Website. www.kohls.com. Kohl's (stylized in all caps) is an American department store retail chain, operated by Kohl's Corporation. It currently has 1,165 locations, operating stores in every U.S. state except Hawaii. The company was founded by Polish immigrant Maxwell Kohl, who ...
Sold and converted to Kohl's: Marshall Field's: 1852 2005 2006 Converted to Bloomingdale's and Macy's Meier & Frank: 1857 2005 2006 Converted to Macy's O'Connor, Moffat & Co. 1947 Ralphs: 1873 1968 — Sold to DeBartolo Corporation in 1992 Rich's: 1867 1976 2005 Co-branded Rich's-Macy's from 2003–2005; converted to Bloomingdale's and Macy's ...
Kohl's quarterly comparable sales fell a bigger-than-expected 5.1%, and it now expects annual net sales to decline between 4% to 6%. Excluding items, Kohl's earned 59 cents per share, beating ...
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In 2013, Gass joined department store Kohl's as chief customer officer, and in 2015 became the company's chief merchandising and customer officer. [10] In 2017, she was promoted to be the CEO-elect. [11] In May 2018, Gass officially became Kohl's CEO. [10] In 2018, Gass was named to Fortune magazine's list of most powerful women. [12]
The firm then expanded Kohl's presence from 10 to 39 stores in Wisconsin. The grocery stores were sold to A&P in 1983, [8] [9] operating under the name Kohl's Food Store, and later Kohl's Food Emporium. In February 2003, A&P put the Kohl's Food Stores up for sale, [10] as part of an effort to reduce debt. That same year, A&P closed all Kohl's ...
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