by Mike Duff | Jul 5, 2022 | Featured News, Retail Articles
Kohl’s Corp., after a period of turmoil and evaluation, has passed on a potential sale of the company. Kohl’s reported it will continue with its established strategic direction, although it is predicting lower-than-originally-expected second-quarter results. The...
by Mike Duff | Jun 7, 2022 | Featured News, Retail Articles
After weeks of speculation about its future as it fended off an activist investor Macellum Advisors through a proxy fight, Kohl’s Corp. has announced that, following the receipt of final proposals, its board of directors had entered into exclusive negotiations with...
by Mike Duff | May 25, 2022 | Retail Articles
Over the next three years, Kohl’s will boost investment in a strategy designed to improve the store experience for customers and associates with everything from smaller stores to automated returns. In one manifestation of the strategy, Kohl’s will open about 100 new,...
by Mike Duff | May 20, 2022 | Retail Articles
After its board and management survived a proxy fight with an activist investor, Kohl’s Corp. announced that the first quarter was another struggle for the company. Net income was $14 million, or 11 cents per diluted share, versus $14, or nine cents per diluted share,...
by Mike Duff | May 16, 2022 | Retail Articles
After he held the office for a little less than a year, Belk announced that CEO Nir Patel has left the company to pursue other interests and that president Don Hendricks has been appointed interim CEO. As president and COO, Hendricks has been instrumental in leading...
