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...
by Mike Duff | Apr 25, 2022 | Retail Articles
Rite Aid Corp. has confirmed it rejected a non-binding, off-market proposal from Spear Point Capital Management to acquire all of the outstanding shares of the company’s common stock. Rite Aid and its board of directors reviewed the proposal with the assistance of...
by Mike Duff | Apr 11, 2022 | Featured News, Home + Housewares, Retail Articles
Kohl’s Corp., in its latest response in the battle with activist investor Macellum Advisors, issued a letter to shareholders touting the qualifications of the retailer’s current board members. In response to Macellum complaints about the actions of the...
by Mike Duff | Mar 22, 2022 | Featured News, Retail Articles
In its ongoing fight with activist investor Macellum Advisors, Kohl’s Corp. has issued a statement saying it has engaged with firms interested in purchasing the company, but, in a separate letter, that it would oppose any replacement of its board in a proxy fight....
by Mike Duff | Mar 2, 2022 | Featured News, Retail Articles
Seritage Growth Properties — developed to help spin off Sears Holdings properties as the chairman of that company, Edward Lampert, and the board looked for ways to capitalize on the retailer’s real estate assets — has begun a review of strategic alternatives to...