Kohl's Corp
Levi Strauss CEO says company’s look for for new leader obtained assist from not likely resource
Levi Strauss & Co. CEO Chip Bergh speaks at the CNBC Evolve convention November 19th in Los Angeles. Jesse Grant | CNBC As Levi Strauss & Co. searched for its subsequent chief, it acquired assistance from a surprising resource. Levi CEO Chip Bergh reported strain from activist traders prompted Kohl’s CEO Michelle Gass to think […]
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Stocks making the biggest moves midday: Lyft, Tripadvisor, Take-Two Interactive and more
Check out the companies making headlines in midday trading. Lyft – Shares of Lyft plummeted 21% after the company’s earnings report showed mixed results in the last quarter. The rideshare company reported adjusted earnings per share of 10 cents, more than analysts’ expectations of 7 cents, but revenue fell short of the Street’s forecast, coming […]
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Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting
Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s said Tuesday that CEO Michelle Gass is leaving the company for a new opportunity as its sales continue to fall. In a separate release, Levi Strauss & Co. said Gass will join the company in early January as president and step into the role of CEO […]
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Stocks making the biggest moves midday: Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The company planning to take Donald Trump’s media company Truth Social public surged 20%, continuing its ascent on an announcement Wednesday that […]
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Shares producing the largest moves premarket: Delta, Walgreens, Used Resources and others
In this posting DAL WBA AMAT VSCO Comply with your most loved sharesMake Free ACCOUNT check out now Video clip1:2701:27 Information Update – Pre-Marketplaces Information Briefing Test out the corporations building headlines just before the bell: Delta Air Lines (DAL) – The airline’s inventory rose 3.9% in the premarket on the energy of an upbeat […]
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Holiday bargains will dent retail profits. How investors can avoid taking a beating
Everyone loves a deal and consumers this holiday season can expect more savings at the store thanks to a glut of inventory at some of their favorite retailers. While the surplus merchandise is a boon for consumers, it means a potential hit to profitability for retailers — even if it encourages more shopping. It also […]
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Amazon’s ‘Prime Early Access Sale’ is on — here are the best deals to shop now
Amazon’s two-day “Prime Early Access Sale” is underway. Look for significant discounts on Amazon devices, such as the Kindle, Echo and Fire TV streamer, and its private-label clothing, according to Julie Ramhold, a consumer analyst at DealNews.com. As part of the sale, the Fire 55-inch 4K Smart TV with hands-free Alexa is 80% off and some […]
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Retailers trot out 12-foot skeletons, haunted house cookie sets to boost Halloween sales
A child looks at a halloween costume on the rack. At the Target department store in Exeter Township Tuesday afternoon for a story on halloween costumes. Ben Hasty | Medianews Group | Getty Images In the past few weeks, Craig Cislo dug out the spray-painted tombstones from his attic, scoured websites for a giant animated […]
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Buybuy Baby, a bright spot for Bed Bath & Beyond, reports steep drop in sales against tough comparisons
A customer carries a Buy Buy Baby shopping bag in New York, US, on Thursday, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Buybuy Baby has been a rare bright spot for struggling Bed Bath & Beyond. On Thursday, however, the baby gear chain reported a steep quarterly sales drop — raising eyebrows […]
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Activist investor pushes Kohl’s to oust its CEO and chairman
Michelle Gass Chris Ratcliffe | Bloomberg | Getty Images Activist investor Ancora Holdings is pushing Kohl’s to remove its chief executive and its chairman. Ancora sent a letter to the board Thursday asking for the replacement of CEO Michelle Gass and Chairman Peter Boneparth. The firm, which has a 2.5% stake in Kohl’s, wants new […]
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