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fromFast Company
3 days ago

Kohl's stores closing update: CEO reveals what happens next after dozens of locations shuttered last year

In January 2025, Kohl's announced it was closing 27 underperforming locations in 15 states, as well as its San Bernardino E-commerce Fulfillment Center (EFC) in California. At the time, the company's then CEO, Tom Kingsbury, said the closures were a "necessary" step "to support the health and future of our business for our customers and our teams."
Business
fromTechCrunch
1 week ago

Slate Auto changes CEO months ahead of affordable EV launch | TechCrunch

Former Amazon Marketplace vice president Peter Faricy is the new person in charge of the company, and he started on Monday, Slate spokesperson Jeff Jablansky told TechCrunch. Most recently, Faricy had been an advisor at McKinsey and Bessemer Venture Partners. Faricy left the role at Bessemer to join Slate, according to Newsweek, which first reported the hire.
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Business
fromFortune
2 weeks ago

Target sales, profits decline for another quarter, but shares rise on solid outlook | Fortune

Target reported declining sales and profits but provided better-than-expected annual profit guidance and projects quarterly net sales growth throughout the year.
Business
from24/7 Wall St.
3 weeks ago

The Founder Is Back at Simply Good Foods and Sentiment Is Already Shifting

Simply Good Foods stock fell 54% in one year, but retail sentiment turned bullish after founder Joe Scalzo returned as CEO, driven by insider buying and the narrative of a potential turnaround.
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