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Fortune

Phil Wahba

Kohl’s turnaround efforts dealt major blow as its new CEO is fired in scandal involving a ‘personal relationship’ just a few months after taking the top job

Kohl Ashley Buchanan Michael Bender

(Credit: David Paul Morris—Bloomberg/Getty Images)

That didn’t take long.

Kohl’s once again is looking for a CEO to end its yearlong decline after the struggling department store retailer fired Ashley Buchanan only three and a half months into the job.

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