Kohl's board will be challenged again by investors, Reuters reports
Macellum Advisors GP LLC will nominate new directors to the Kohl's board because not enough has been done to improve the business, according to Reuters.
Source: postcrescent.com
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Top News In Engine Capital Today - Breaking & Trending Today
Activist investor pushes Kohl's to sell or split e-commerce
An activist investor is pushing department store chain Kohl's Inc. to either sell the entire company or spin off its e-commerce division.
Source: journalrecord.com
Kohl's CEO Michelle Gass Says Company Is Working to Understand Proposal From Activist Group
Kohl’s CEO Michelle Gass said the retailer is doing due diligence after receiving a letter from activist group Engine Capital.
Source: nbcphiladelphia.com
Dow leads Wall Street higher with 2% gain; cyclicals in vanguard
By Devik Jain, Shreyashi Sanyal and Alden Bentley
Source: gazette.com
Kohl's pressured by Engine Capital to consider separate business, sale
This is the second time this year that investors have publicly pressured Kohl's to change the course of the company.
Source: thenorthwestern.com