this post was submitted on 01 May 2025
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USA Today reports this too, but skirted the real issue:

https://www.usatoday.com/story/money/business/2025/05/01/kohls-fires-ceo-ashley-buchanan/83386823007/

Buchanan was fired after he violated company policies by directing Kohl's "to engage in vendor transactions that involved undisclosed conflicts of interest,"

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[–] [email protected] 27 points 4 days ago (1 children)

large shareholders make a shit ton of short term cash when a company goes out of business

[–] [email protected] 15 points 4 days ago* (last edited 4 days ago) (1 children)

Mitt Romney called that "Business Innovation" when he ran and every dumb fuck conservative (these were pre MAGAts) ate that shit up.

"We needa run this cuntry lika bidnass"

[–] Sineljora 4 points 4 days ago

Romney, from Bain Capital Management who would use rogue consultants to short and bankrupt Amazon’s competitors? No way lol