Michelle Gass, Kohl’s Corp. CEO, is stepping down from her post and board of director membership to take a newly created executive position at Levi Strauss & Co. that figures into that organization’s succession plan. Kohl’s board of directors announced that...
As it continues to expand its bricks and mortar off-price store portfolio, Nordstrom has announced plans to open three of its Rack stores during the fall of 2023 all located in the Pacific Northwest. The new stores will operate in Union Gap and Olympia, WA, and Salem,...
Macellum Advisors has issued a letter to Kohl’s Corp. shareholders asking them to vote for its slate of candidates for the retailer’s board of director nominees rather than those proposed by the company. The letter appears over the signature of Jonathan Duskin,...
Kohl’s Corp., in its latest response in the battle with activist investor Macellum Advisors, issued a letter to shareholders touting the qualifications of the retailer’s current board members. In response to Macellum complaints about the actions of the...
