Seritage Growth Properties — developed to help spin off Sears Holdings properties as the chairman of that company, Edward Lampert, and the board looked for ways to capitalize on the retailer’s real estate assets — has begun a review of strategic alternatives to...
Kohl’s Corp. has rejected a slate of potential board members proposed by activist investor Macellum Advisors. The retailer issued a statement saying that Macellum’s effort to take control of the Kohl’s board is unjustified and counterproductive. Kohl’s already...
The Costco board of directors has named Ron Vachris president and COO, a move that might be the first step toward future executive transition at the company. Vachris will succeed Craig Jelinek as the company’s president, according to a filing with the United...
Kohl’s Corp. has rejected the advice of activist investors and buy-out offers, adopted a poison pill and squared off against the firm leading the effort to reconstitute the company, Macellum Advisors. The Kohl’s board of directors has issued a statement...
Kohl’s Corp. is in demand as bidders and investors clamor to change the shape of the company. Kohl’s has issued a short statement saying it “confirmed that it has received letters expressing interest in acquiring the company. The Kohl’s board of directors will...
