By Maria Sole Campinoti, CNN (CNN) — A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock value and waning customer trust, Ashley Buchanan could find the chain’s problems hard to turn around. While Kohl’s more than 1,150 stores have seen their share of fumbled executive decisions, Kohl’s decline also is part of …

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As sales slump, Kohl’s turns to a new CEO to bring back customers

A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock value and waning customer trust, Ashley Buchanan could find the chain’s problems hard to turn around.

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(Reuters) – Kohl’s said on Tuesday it has reduced nearly 10% of its corporate workforce, as the department store chain aims to improve profitability. (Reporting by Juby Anna Babu in Mexico City; Editing by Shilpi Majumdar)

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(CNN) — A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock value and waning customer…

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A Kohl’s department store is pictured on March 12, 2024, in Miami, Florida. | Joe Raedle/Getty Images via CNN Newsource (CNN) — A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock value and waning customer trust, Ashley Buchanan could find the chain’s problems hard to turn around. While Kohl’s more than 1,150 s…

As sales slump, Kohl’s turns to a new CEO to bring back customers

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