by Mike Duff | Jul 13, 2022 | Retail Articles
In another executive shakeup in value retail sector leadership, Dollar General Corp. has announced that CEO Todd Vasos will retire from his position as CEO effective November 1 and that the company’s board of directors approved the promotion of Jeffery Owen, COO...
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 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...