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,...
by Mike Duff | May 3, 2022 | Retail Articles
In a fresh update, Kohl’s announced an upgrade to its loyalty program that promises members using the company credit card 7.5% in reward points on each purchase, up from 5%. The company has reconfigured the Kohl’s Rewards program in the past in part due to recognition...
by Mike Duff | May 2, 2022 | Featured News, Retail Articles
As it continues a proxy fight with activist investor Macellum Advisors, Kohl’s Corp. has issued a letter to shareholders on behalf of incoming chair Peter Boneparth in connection with the company’s May 11 annual meeting and its board of directors election. Bonaparth...