Kohl's on Monday said it has tapped its fourth CEO in as many years, attempting to staunch an extended sales slide and to move beyond a leadership scandal that led to the departure of its previous chief executive.

The company named Michael Bender as its permanent CEO nearly seven months after he took over on an interim basis.

Bender replaced Ashley Buchanan who was fired in May after an internal investigation found that he had directed the company to do business with a vendor founded by someone with whom he had a personal relationship.

At the same time, Kohl's is struggling to reverse a long-term sales slump amid a challenging economic environment for many shoppers, who are grappling with an affordability crisis . Retailers are also navigating tariffs rolled out this year by t

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