As Kohl's continues to downsize—not close—many of its stores nationwide, the company will invest in tech-related functions in order to improve the customer experience and capitalize on shopper loyalty.
The 25-year finance veteran will step down as CFO on July 11, after serving in his role for over 3 years. He will remain with the company until August 7, and Andrew Drexler will serve as CFO in the interim.
New York City-based IHL Group will produce a collection of women's intimates and men's and children sleepwear that will launch in July 2018. The licensing deal between Elie Tahari and IHL is good for 6 years.