Kohl's CEO: Turnaround is Possible, But Going To Take Time -- Market Talk

Dow Jones
03/11

1114 ET - Kohl's CEO Ashley Buchanan says on a call with analysts that a turnaround of the department-store chain is achievable, though it's going to take some time. In order to accomplish its turnaround, Buchanan says the company needs to curate a more balanced assortment that fulfills the needs of all its customers: "Recently, our focus has been heavily weighted on new products to attract new customers, and we are de-emphasizing products and categories that our core customers love," he says. Kohl's will also need to re-establish itself as a leader in value and quality, as well as deliver a better and more seamless shopping experience, Buchanan says. (connor.hart@wsj.com)

(END) Dow Jones Newswires

March 11, 2025 11:14 ET (15:14 GMT)

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