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Tom Kingsbury. Thomas A. Kingsbury (born 1952) [1] is an American businessman and the Chief Executive Officer of Kohl's Department Stores as of 2023, after the departure of CEO Michelle Gass who assumed the same position at Levi Strauss.
In 2013, Gass joined department store Kohl's as chief customer officer, and in 2015 became the company's chief merchandising and customer officer. [10] In 2017, she was promoted to be the CEO-elect. [11] In May 2018, Gass officially became Kohl's CEO. [10] In 2018, Gass was named to Fortune magazine's list of most powerful women. [12]
Kohl's (stylized in all caps) is an American department store retail chain, operated by Kohl's Corporation. It currently has 1,165 locations, operating stores in every U.S. state except Hawaii . The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee , Wisconsin , in 1927.
The firm then expanded Kohl's presence from 10 to 39 stores in Wisconsin. The grocery stores were sold to A&P in 1983, [8] [9] operating under the name Kohl's Food Store, and later Kohl's Food Emporium. In February 2003, A&P put the Kohl's Food Stores up for sale, [10] as part of an effort to reduce debt. That same year, A&P closed all Kohl's ...
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Kohl's said in November that its net sales for the third quarter fell nearly 9% from a year ago, $3.5 billion. The company reported net income of $22 million, down from $59 million for the same ...