Retail News

Activist investors says Kohl’s is the ‘best of worst’ in retail

CNBC 03/05/2021

A group of activist investors looking to take control of Kohl’s board and its direction going forward are not impressed by the chain’s better-than-expected fourth quarter performance. In a letter to fellow shareholders, the group said Kohl’s leadership “seems to be content performing just slightly better than the worst companies in retail.”

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