MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Nov 25, 2024-- Kohl’s Corporation ("Kohl’s" or the "Company") (NYSE: KSS) today announced that Chief Executive Officer Tom Kingsbury plans to step down as CEO, effective January 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl's Board of Directors (the "Board") through his retirement in May 2025, after which the size of the board will be reduced by one. The Board has appointed retail veteran Ashley Buchanan as CEO, effective January 15. Buchanan has been CEO of Michaels Companies since 2020 and, prior to that, has held a variety of senior executive roles at Walmart and Sam's Club during his 13 years at the company. Board Chair Michael Bender stated, “The Board is very grateful for Tom's leadership and ongoing service to Kohl's. Tom joined our Board in 2021. He then stepped up as interim CEO in 2022 and agreed to take the permanent position as CEO through May 2025. Under his leadership, the company is undergoing a transformation to elevate its product portfolio, enhance the store experience and improve its long-term financial health and profitability. On behalf of all Kohl’s associates, we thank Tom for his leadership, for his role working with the Board on our CEO search, and for supporting Ashley through this transition.” Bender added, “We are excited to welcome Ashley to Kohl's. His vast retail experience leading operations, merchandising, and e-commerce at Walmart and his past five years as CEO of Michaels will bring a steady, proven, innovative leader to Kohl's as we continue to transform the business and drive future growth. During his time at Michaels, he improved profitability and cash flow while driving operational efficiencies across the business. He also introduced new ways to leverage technology and e-commerce, allowing Michaels to more effectively meet customers where they are today. He has driven change by setting a clear vision, empowering teams, and practicing organizational accountability for results. We know he will be a great leader for Kohl's and will bring a new perspective in our next chapter." Kingsbury stated, "I've loved working in the retail industry for more than 40 years and it's been an honor to finish my career at Kohl's, a company that I've known and loved since I was a kid in Wisconsin. I'm proud of what the team has accomplished with our focus on enhancing the customer experience, driving value for customers, and running a sound and profitable business. I am optimistic for what is ahead for Kohl's associates, customers and shareholders." Buchanan stated, "I am thrilled to join Kohl's, a storied and respected brand in the retail industry. We have the privilege of serving millions of families all across the country, and I'm excited to work with the teams to evolve our business – building off the strength of our brand and loyal customer base while also creating a compelling retail experience for the future." Mr. Buchanan has been CEO and President of Michaels Companies since 2020, where he improved profitability, expanded the company's omnichannel approach by significantly growing the digital business, enhanced the store base with a smaller format model, and simplified its merchandise strategy. Prior to Michaels, he held a variety of executive positions at Walmart during his 13 years at the company, including Chief Merchandising and Chief Operating Officer for Walmart U.S. e-Commerce. Before that, he was Chief Merchant at Sam's Club where he led merchandising strategy, private brands, pricing, global sourcing, packaging and supply chain. Buchanan joined Walmart from Dell where he held a variety of positions in finance, and Accenture, where he focused on the retail industry. He holds a Bachelor of Business Administration in finance and real estate as well as a Master of Business Administration from Baylor University. Third Quarter 2024 Sales and Earnings Results Kohl's will announce its Q3 earnings results tomorrow morning at 9:00 a.m. ET, November 26, 2024. A webcast of the conference call and related presentation materials will be available on the Company's website at investors.kohls.com , both live and after the call. About Kohl’s Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl’s is uniquely positioned to deliver against its long-term strategy and its purpose to take care of families’ realest moments. Kohl's serves millions of families in its more than 1,100 stores in 49 states, online at Kohls.com , and through the Kohl's App. With a large national footprint, Kohl’s is committed to making a positive impact in the communities it serves. For a list of store locations or to shop online, visit Kohls.com . For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com . Cautionary Statement Regarding Forward-Looking Information This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believes,” “anticipates,” “plans,” “may,” “intends,” “will,” “should,” “expects" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management’s then current views and assumptions and, as a result, are subject to certain risks and uncertainties, which could cause the Company’s actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, risks described more fully in Item 1A in the Company’s Annual Report on Form 10-K, which are expressly incorporated herein by reference, and other factors as may periodically be described in the Company’s filings with the SEC. Forward-looking statements relate to the date initially made, and Kohl’s undertakes no obligation to update them. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125131125/en/ CONTACT: Investor Relations Contact: Jill Timm, (262) 703-2203,jill.timm@kohls.comMedia Contact: Jen Johnson, (262) 703-5241,jen.johnson@kohls.com KEYWORD: WISCONSIN UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: FOOTWEAR FASHION COSMETICS RETAIL JEWELRY HOME GOODS DEPARTMENT STORES SOURCE: Kohl’s Copyright Business Wire 2024. PUB: 11/25/2024 04:30 PM/DISC: 11/25/2024 04:32 PM http://www.businesswire.com/news/home/20241125131125/enTrump's surgeon general pick accuses CDC of profiting off of unnecessary vaccines on kidsThe election of Emmanuel Tjibaou as the new president of New Caledonia's main pro-independence party, the Union Calédonienne (UC), has triggered a whole range of political reactions, mostly favourable, some more cautious. Within the pro-independence camp, the two main moderate parties UPM (Progressist Union in Melanesia) and PALIKA (Kanak Liberation Party), have reacted favourably, although they have recently distanced themselves from UC. UPM leader Victor Tutugoro hailed Tjibaou's election while pointing out that it was "not easy", "given the difficult circumstances". "It's courageous of him to take this responsibility," he told public broadcaster NC la 1ère . "He is a man of dialogue, a pragmatic man." PALIKA leader Jean-Pierre Djaïwé reacted in similar terms, saying Tjibaou "is well aware that the present situation is very difficult". Both PALIKA and UPM hoped the new UC leadership could have the potential to pave the way for a reconciliation between all members of the Kanak Socialist National Liberation Front (FLNKS), which has been experiencing profound differences for the past few years. On the pro-France (and therefore anti-independence) side, which is also divided, the moderate Calédonie Ensemble's Philippe Michel saw in this new leadership a "real generational change" and noted that Tjibaou's "appeasing" style could build new bridges between opposing sides of New Caledonia's political spectrum. "We'll have to leave him some time to put his mark on UC's operating mode,"Michel said. "We all have to find our way back towards an agreement." Over the past two years, attempts from France to have all parties reach an agreement that could potentially produce a document to succeed the 1998 Nouméa autonomy Accord have failed, partly because of UC's refusal to attend discussions involving all parties around the same table. Pro-France Rassemblement-LR President Alcide Ponga said it's a big responsibility Tjibaou has on his shoulders in the coming months. "Because we have these negotiations coming on how to exit the Nouméa Accord. "I think it's good that everyone comes back to the table; this is something New Caledonians are expecting." Gil Brial, vice-president of a more radical pro-France Les Loyalistes, had a "wait and see" approach. "We're waiting now to see what motions UC has endorsed," he said. "Because if it's returning to negotiations with only one goal, of accessing independence, despite three referendums which rejected independence, it won't make things any simpler." Brial said he was well aware that UC's newly-elected political bureau now included about half of "moderate" members, and the rest remained more radical. "We want to see which of these trends will take the lead, who will act as negotiators and for what goal." UC has yet to publish the exact content of the motions adopted by its militants following its weekend Congress. Les Loyalistes leader and Southern province President Sonia Backès also reacted to Tjibaou's election, saying this was "expected". Writing on social media, she expressed the hope that under its new leadership, UC would now "constructively return to the negotiating table". She said her party's approach was "wait and see, without any naivety". Tjibaou's first post-election comments Tjibaou told journalists: "Now we have to pull up our sleeves and also shed some light on what has transpired since the 13 May (insurrectional riots)." He also placed a high priority on the upcoming political talks on New Caledonia's institutional and political future. "We still need to map out a framework and scope - what negotiations, what framework, what contents for this new agreement everyone is calling for. "What we'll be looking for is an agreement towards full emancipation and sovereignty. Based on this, we'll have to build." He elaborated on Monday by defining UC's pro-independence intentions as "a basket of negotiations". He, like his predecessor Daniel Goa, also placed a strong emphasis on the need for UC to take stock of past shortcomings (especially in relation to the younger generations) in order to "transform and move forward". Asked about his perception of the role a UC-created "field action coordinating cell" (CCAT) has played in the May riots, Tjibaou said this remained "an important tool, especially to mobilise our militants on the ground". "But (CCAT) objectives have to be well-defined at all times. "There is no political motion from UC that condones violence as a means to reach our goals. "If abuses have been committed, justice will take its course." At its latest Congress in August 2024 (which both UPM and PALIKA decided not to attend), FLNKS appointed CCAT leader Christian Téin as its new President. Téin is in jail in Mulhouse in the north-east of France, following his arrest in June and pending his trial. In the newly-elected UC political bureau, the UC's Congress, which was held in the small village of Mia (near Canala, East Coast of the main island of Grande Terre) has maintained Téin as the party's "Commissar-General". Tjibaou was the only candidate for the president's position. His election on Sunday comes as UC's former leader, Daniel Goa, 71, announced last week he did not intend to seek another mandate, partly for health reasons, after leading the party for the past 12 years. Goa told militants this was a "heavy burden" his successor will now have to carry. He also said there was a need to work on political awareness and training for the younger generations. He said the youths' heavy involvement in the recent riots, not necessarily within the UC's political framework, was partly caused by "all these years during which we did not train (UC) political commissioners" on the ground. He told local media at the weekend this has been "completely neglected", saying this was his mea culpa. After the riots started, there was a perception that calls for calm coming from UC and other political parties were no longer heeded and that, somehow, the whole insurrection had gotten out of control. The 48 year old Tjibaou was also elected earlier this year as one of New Caledonia's two representatives to the French National Assembly (Lower House).
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Prof Dr Shiv Sethi Name of Book : A Cornucopia of Articles Author : Dr.Ravi Prakash Tiwari Publisher: Evincepub Publishing Year of publication: 2024 Price: Rs.250/ Dr.Ravi Prakash Tiwari’s latest book, A Cornucopia of Articles, is a compendious depiction of issues pertaining to science, society, environment, security, academics, spiritualism, politics, economics, health, agriculture, global warming, ISRO and many others. It incorporates thirty articles penned down in a sublime language. This book is socially relevant because it conscientizes us about a medley of consequential temporal and spiritual issues. It will aid the society in learning how to tackle heat, save environment, use gadgets judiciously, assuage depression and suicidal tendency, keep surroundings clean, test food adulteration, soothe mind , diminish food wastage, etc. In the first chapter, Role of the UAE and Israel in Assuaging Water Crisis, Dr. Ravi has depicted how both the countries have solved the water -issue by having invented the technology to purify waste water and used drip irrigation to conserve water. In the next chapter, Artificial Intelligence, he depicts how AI will play major roles in curing cancer, combating crime, predicting pandemics, etc. In the article, Environmental Apocalypse, he discusses causes, impacts and solutions of environmental issues. The article, Upheaval in France, awakens us to the perils posed by immigration. The chapter, Pros and Cons of Using Digital Gadgets, elaborates on the need to employ gadgets judiciously. The article, China :- A Malediction To Humanity, exposes how China blatantly hitched conspiracies to breach territorial integrity of its neighbours and defied international laws. The chapter, Khalistan- A Separatist Movement, is a reminder to separatists that they can’t coerce India into capitulation. The chapter, Self-Reliant India in The Defense Sector, reveals how India’s defence ecosystem has been transformed and how she has embraced women in military. The chapter, Destigmatize Suicides to Save Lives, deals with the causes of suicides and the ways to keep suicidal tendency at bay. The chapter, Changes in Kashmir after the abrogation Of Article 370, depicts how Kashmir has progressed in every sphere of life. The chapter, Food gives the food For thought, explains the need to bolster our staples with micro-nutrients to make our labour force robust. The chapter on Aditya-L1 depicts its journey and functions in India’s progress. The chapter on Chandrayaan-3 does the same. The chapter, Biggest Causes of blood-shed, talks about the undeclared third world war. Society will pressurize the govt. to adopt global strategies to surmount some vexing problems mentioned here. The students with a scientific bent of mind will be intrigued by certain scientific facts mentioned in the articles. Since the articles were published in esteemed newspapers like The Daily Guardian, there can be no misgivings about the quality of their content. The book is replete with all the ingredients to make it a best seller. It will make readers knowledgeable about not only the universal facts but also idioms or phrases and high standard words. It is devoutly hoped that students and teachers will deem it a prized possession.
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Report: Institutional neutrality favored at Carolina, Wake, DukePakistan Muslim League-Nawaz (PML-N) senior leader Senator Talal Chaudhry on Saturday said that the PML-N, as a major stakeholder in the coalition government, is dedicated to strengthening its partnership with the Pakistan People’s Party (PPP) ISLAMABAD, (UrduPoint / Pakistan Point News - 28th Dec, 2024) League-Nawaz ( ) senior leader Senator on Saturday said that the , as a major stakeholder in the coalition , is dedicated to strengthening its partnership with the People’s Party ( ). Talking to a private channel, Chaudhry highlighted that the has successfully steered the country out of economic and political crises. He noted that both the and have played pivotal role in stabilizing the political landscape. He emphasized that the sustainability of depends on the smooth functioning of the political system. He reassured that the remains committed to resolving issues through mutual consultation.
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The Detroit Lions will play without two high draft picks in rookie cornerbacks Terrion Arnold and Ennis Rakestraw Jr. while possibly getting back veteran Emmanuel Moseley against the host Indianapolis Colts on Sunday. Arnold was downgraded Saturday from questionable to out because of a groin injury. He was limited at practice on Thursday and participated in a full practice on Friday. The Lions drafted Arnold with the 24th overall pick of the 2024 NFL Draft out of Alabama. Arnold, 21, has started all 10 games and has 38 tackles and six passes defended. Rakestraw (hamstring) was placed on injured reserve after not practicing all week. He already had been ruled out for Sunday's game. Detroit picked Rakestraw in the second round (61st overall) out of Missouri. He has played in eight games and has six tackles. Rakestraw, 22, has played on 46 defensive snaps (8 percent) and 95 special teams snaps (42 percent). Moseley had full practice sessions all week and was activated from injured reserve on Saturday but was listed as questionable for Sunday. The 28-year-old is in his second season with Detroit and appeared in one game last season before going on IR in October 2023. He was placed on IR on Aug. 27 with a designation to return. Moseley played from 2018-22 for the San Francisco 49ers and had 162 tackles, four interceptions -- one returned for a touchdown -- and 33 passes defensed in 46 games (33 starts). Detroit elevated linebacker David Long on Saturday for game day. Long, 28, signed with the practice squad on Tuesday after the Miami Dolphins released him on Nov. 13. He had started six of eight games for the Dolphins this season and had 38 tackles. In other Lions news, the NFL fined wide receiver Jameson Williams $19,697 for unsportsmanlike conduct for making an obscene gesture during a touchdown celebration in last Sunday's 52-6 home win over the Jacksonville Jaguars, the NFL Network reported Saturday. Williams, 23, scored on a 65-yard pass from Jared Goff with 12:55 remaining in the third quarter. --Field Level Media
The Royal Forest Department has bought locally-made weapons from the Ministry of Defence, saying it was the first time the department has obtained modern submachine guns for the protection of over 32 million rai of the country's forest zone. The department and the Defence Industry and Energy Centre last week held a handover ceremony of 20 NIN9 submachine guns. The weapon was designed and developed by the centre under the government's policy on strengthening the domestic weapons industry for self-reliance in defence weapons development. Bannarak Sermthong, the department's deputy chief, said 408 forest protection units were created nationwide to protect and preserve the forest areas from encroachment and illegal logging. However, their limited stock of weapons and old equipment have posed problems, Mr Bannarak said. "If these new NIN9 guns prove a good fit for our operation, we will ask the cabinet for a budget for more purchases," he said. He said the department decided to go with the NIN9s because of their light weight and durability. The guns are also resistant to heavy rainfall and dust, which makes them perfectly suited for forest patrol operations, he said. He said the price is around 95,000 baht per unit, cheaper than imported weapons which cost around 120,000 per unit. The Defence Industry and Energy Centre Commander Lt Gen Pawarit Panthong said the move is a significant step to support the domestic arms industry and the department's mission to protect and preserve the forest. The centre would train the department's forest patrol team on how to use and maintain the weapon properly, said Lt Gen Pawarit.Report: Institutional neutrality favored at Carolina, Wake, Duke
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