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Business
fromAxios
6 days ago

Department stores aren't dead yet: Macy's and Kohl's stocks rebound

Macy's and Kohl's focused store strategies—closings, luxury push, broader discounts—are driving improved comparable-store sales and strong stock gains.
Business
fromFortune
1 week ago

Kohl's makes progress on turnaround as CFO provides C-suite stability

Kohl's turnaround gains momentum as Q2 adjusted EPS beats estimates due to cost controls and margin improvements, while long-serving finance chief Jill Timm provides stability.
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fromEntrepreneur
2 weeks ago

Target's New CEO Reveals a Three-Part Turnaround Plan | Entrepreneur

Target announced on Wednesday that its Chief Operating Officer (COO), Michael Fiddelke, will assume the position of Chief Executive Officer (CEO) in February 2026. The company's current CEO, Brian Cornell, who has been in the role for 11 years, will retire that month. "There is no one better suited to move Target forward than Michael Fiddelke," Cornell stated in a news release. "He brings a remarkable level of resolve in the face of complex challenges, a deep passion for growth, and a natural ability to inspire those around him to define what's next."
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