Levi Strauss is set to finally part ways with Dockers — inking a deal to sell its brand once credited with propelling the popularity of “Casual Fridays” to Authentic Brands Group.

Levi Strauss & Co. says that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor.

Michelle Gass, CEO of department store chain Kohl’s, is stepping down from her role early next month and will become the president of denim giant Levi Strauss & Co. Levi’s said in a release that Gass will start on Jan. 2 and the board of directors has put in motion a succession plan for her to succeed Chip Bergh, president and CEO in the next 18 months.

ROANOKE, Va. Count Kohls among the nationwide retailers who will not be open this Thanksgiving. The retail giant made the announcement on Wednesday, with CEO Michelle Gass saying, The holiday season is when Kohls shines brightest, and as we move into the holiday season of this very unusual year, we are adapting our plans in response to changing customer expectations and behaviors.We are deeply appreciative of how our team of Kohls associates have shown up to serve our customers through this pandemic and know that they will continue to show Kohls at our best throughout the holidays, continued Gass. Kohls said it made the decision given the importance of safety and convenience. Other retailers who will not be open on Thanksgiving Day include Best Buy, Dicks Sporting Goods, Target and Walmart. Best Buy announced its plan earlier on Wednesday.