Activist investor tries to take control of Kohl’s board
February 10, 2022
Macellum Advisors plans to nominate 10 directors to Kohls board. The activist investor group, which recently called for the retailer to consider splitting off its real estate and e-commerce operations or to sell the business outright, was able to get three new directors added to Kohl’s board in 2021.
Recent News
Sweetgreen Introduces Steak to the Menu
Sweetgreen, known for its signature salad bowls, has introduced steak to its menu for the first time, marking a significant change for the brand.
Disney Struggles With Streaming Profitability
Disney’s recent financial report reveals a mixed bag of results, with a significant focus on the challenges of making its streaming services profitable.
Starbucks Releases Summer Menu Selections
As summer dawns, Starbucks has unveiled its seasonal lineup, featuring the debut of the Summer-Berry Starbucks Refreshers beverages, available beginning May 7 in the U.S.
Live Nation Addresses Unlikely Breakup Amid Looming DOJ Lawsuit
In a recent discourse addressing the specter of a Department of Justice (DOJ) lawsuit, Live Nation’s chief financial officer and president, Joe Berchtold, offered insights into the impending legal predicament.