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...
by Mike Duff | May 11, 2022 | Featured News, Retail Articles
With its annual meeting concluded, Kohl’s Corp. announced that based on a preliminary vote count conducted by its proxy solicitor that the company’s shareholders have voted to reelect all 13 of its nominees to the board of directors. The election had been contested by...
by Mike Duff | May 10, 2022 | Retail Articles
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,...
