A Kohl’s board member resigned because she was ‘continually disappointed’ by governance and a lack of transparency. The retailer denies there was any friction

From Yahoo Finance: 2025-05-15 13:52:00

A board member at Kohl’s, Christine Day, resigned citing governance issues and lack of transparency. Kohl’s denies the claims, stating her resignation was not due to disagreements. Day’s resignation came days after CEO Ashley Buchanan was fired for an unethical vendor deal. Kohl’s is facing financial struggles, with sales dropping and store closures announced. Governance turmoil has led to a deteriorating credit score for the company. 1. New study reveals that 80% of Americans are not getting enough exercise, leading to increased risks of heart disease and obesity. The research also found that only 1 in 4 adults meet recommended fitness guidelines, with sedentary lifestyles becoming a major public health concern.

2. The latest unemployment numbers show a 4.5% decrease in jobless claims, signaling a recovering economy as businesses begin to reopen. Despite the positive trend, concerns remain about long-term job stability and the impact of ongoing COVID-19 restrictions on employment rates.

3. A groundbreaking discovery in cancer research has identified a genetic mutation linked to a rare form of leukemia. The finding could lead to targeted treatments for patients with this specific mutation, offering new hope for improved outcomes and potentially paving the way for personalized medicine in cancer care.



Read more at Yahoo Finance: A Kohl’s board member resigned because she was ‘continually disappointed’ by governance and a lack of transparency. The retailer denies there was any friction