Kohls

Retail
Timm To Succeed Besanko As Kohl’s CFO

Kohl’s said that Bruce Besanko has decided to retire from the company at the end of the fiscal year and will step down from his position as chief financial officer, effective November 1. At that time, Jill Timm, Kohl’s evp/finance, will be promoted to CFO.

Retail
Kohl’s Ramps Up Seasonal Hiring Efforts

Kohl’s is boosting its seasonal hiring efforts for the back half of the year, and said it plans to hire 90,000 seasonal associates.

Retail
NRF To Recognize Kohl’s CEO Gass With Visionary Award

The National Retail Federation will name Kohl’s CEO Michelle Gass as “The Visionary,” an award given each year to an outstanding leader in the retail industry. The award will be presented during the sixth annual NRF Foundation Honors on January 12, 2020, in New York City.

Financials
Kohl’s Sees Sales Decline In Q1

Following a decline in first quarter net sales and comparable store sales, Kohl’s CEO Michelle Gass said the retailer is “actively addressing opportunities” that impacted revenue in the three month period ended May 4.

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