Kohl's Corp. has fired CEO Ashley Buchanan after just a few months on the job. The department store chain announced Thursday that Buchanan was terminated for cause Wednesday following an investigation that found he had violated company policies regarding conflicts of interest. Kohl's alleged in a filing with the U.S. Securities and Exchange Commission that Buchanan directed the company to conduct business with a vendor founded by an individual with whom Buchanan had a personal relationship. The...
Kohl's is a Wisconsin-based company that operates a chain of department stores offering products such as apparel, footwear, jewelry, home decor and electronics.