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...
Walmart President and CEO Doug McMillon, in his annual letter to shareholders, associates and customers, expressed gratitude for their contributions and patronage while highlighting company focal points going forward. McMillon said Walmart continues to address...
Responding to a statement and a letter to shareholders from activist investor Macellum Advisors, Kohl’s Corp. issued its own statement rejecting critical points made in the Macellum correspondence. Kohl’s insisted that it has continued to engage with Macellum on...
Dollar Tree has rejected an initiative by investment firm Mantle Ridge to nominate a full slate of 11 directors to the company’s board of directors. Mantle Ridge representatives met with the Dollar Tree board on December 2 — after the firm had filed a United States...