Kohl’s pulls it annual sales and earnings forecast
November 17, 2022
Kohl’s has withdrawn its 2022 sales and earnings guidance citing issues with the U.S. economy and challenges presented by its “unexpected CEO transition.” The retailer’s CEO Michelle Gass said she would leave the company in December.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.