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Kohl’s CEO fired after making ‘highly unusual’ business deals with his romantic partner, report says (finance.yahoo.com)

submitted 4 days ago by [email protected] to c/[email protected]

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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] 47 points 4 days ago (7 children)

Why would Kohls hire the ex-CEO of Bed Bath and Beyond to begin with? So he could drive Kohls out of business too?

[–] [email protected] 27 points 4 days ago (2 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

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