POWER OF THE PEOPLE (PART TWO: 22 TO 50).
HFN: The Weekly Newspaper for the Home Furnishing Network, June, 2004
Larry Montgomery and Kevin Mansell
Chairman and CEO/president, respectively, Kohl's Corp.
22. Larry Montgomery and Kevin Mansell are faced with revitalizing the retailer that, up until last year, was the darling of Wall Street.
In 2003, the same year Kohl's became a national chain by expanding into California, the former midmarket juggernaut saw earnings fall for the first time in a decade. Operational blunders, strengthened competition and fashion missteps conspired to spark Kohl's fall from grace.
But Montgomery and Mansell are not standing still.
The executive duo is spicing up the mix with more trend-right, exclusive brands, such as Laura Ashley Lifestyles home textiles and the upcoming Apartment 9 home and apparel...
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