Tom Kingsbury is now the CEO of Kohl’s and he comes to the job with a great reputation as a retailer. He’s the one who led the turnaround at Burlington. But his new gig is much more complicated. Kohl’s is struggling on many levels and in the meantime, the outside investor-sharks are circling just waiting to pounce. It’s a treacherous situation and Kingsbury needs to act quickly, decisively and strategically to fix what he can…even knowing that the retailer’s position in the mid-market is something he cannot fix.
Here’s my take on the situation Kingsbury inherited and what he needs to do to fix it. Spoiler alert: It will take a lot more than Kohl’s Cash: https://www.therobinreport.com/tom-kingsburys-kohls-conundrum-finding-life-after-coupons-cash-and-barbarians-at-the-gates/?utm_source=newsletter&utm_medium=email&utm_campaign=regular&utm_source=The+Robin+Report&utm_campaign=9b327fb258-EMAIL_CAMPAIGN_2023_04_09_06_07&utm_medium=email&utm_term=0_-9b327fb258-%5BLIST_EMAIL_ID%5D