Retail News

Activist investor pushes Kohl’s to make board changes or sell its business

The Wall Street Journal 01/18/2022

Macellum Advisors, which owns about five percent of Kohl’s stick, has urged the retailer to make significant changes to its board of directors or to pursue a sale of the company. This is not the first time that Macellum has sought to pressure Kohl’s to shake up its board and make other changes.

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