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)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.