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Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

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Summary
Nutrition label

72% Informative

Kohl 's CEO Tom Kingsbury is stepping down on Jan. 15 , to be replaced by current Michaels CEO Ashley Buchanan .

Buchanan previously spent time at Walmart and its Sam's Club division.

The department store has been struggling to return to growth as consumers increasingly move away from department stores.

Shares fell about 3% in extended trading following the announcement.

VR Score

77

Informative language

77

Neutral language

94

Article tone

formal

Language

English

Language complexity

34

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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