Retail News

Activist investor tries to take control of Kohl’s board

CNBC 02/10/2022

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.

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