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CEO McMillion Confident Walmart Can ‘Win’ in Face of Economic Uncertainty

CEO McMillion Confident Walmart Can ‘Win’ in Face of Economic Uncertainty

by Mike Duff | Apr 9, 2025 | Featured News, Retail Articles

As the company entered its Investment Community Meeting, Walmart CEO Doug McMillion said the company has a “winning formula” that should keep it going strong in 2025 while such factors as tariffs have affected its earnings outlook in the first quarter. In the meeting,...
Report Drives Speculation About Big Lots Bankruptcy

Report Drives Speculation About Big Lots Bankruptcy

by Mike Duff | Aug 29, 2024 | Retail Articles

Speculation is swirling around Big Lots after Bloomberg reported that the company might seek bankruptcy protection. Bloomberg added that, as a bankruptcy alternative, Big Lots is simultaneously seeking new investors, citing a source familiar with the search. Bloomberg...
Kingsbury Named CEO As Kohl’s Strikes Deal with Activist Investor

Kingsbury Named CEO As Kohl’s Strikes Deal with Activist Investor

by Mike Duff | Feb 3, 2023 | Retail Articles

The board of directors at Kohl’s Corp. has unanimously appointed Tom Kingsbury CEO, the company reported, while reaching an agreement with activist investor Macellum Advisors. Kingsbury has served as interim CEO since December 2, the company. He will continue to serve...
Kohl’s Still Wary of Sale, Activist Investor

Kohl’s Still Wary of Sale, Activist Investor

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....
Report Drives Speculation About Big Lots Bankruptcy

Big Lots Activist Investor Urges Company Sale

by Mike Duff | Mar 16, 2022 | Home + Housewares, Retail Articles

Activist investor Mill Road Capital Management has issued a letter to shareholders of Big Lots urging a sale of the company. Hill Capital Management, which has purchased 5.1% of Big Lots stock, revealed in a March 15 filing with the United States Securities and...
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