Kohl’s (KSS) Comments on Investor Statement and Director Nominations

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Investor Group Nominates Nine Highly-Qualified Independent Candidates for Election to Kohl’s Board (KSS)

February 22, 2021 7:14 AM EST

Macellum Advisors GP, LLC (together with its affiliates, Macellum), Ancora Holdings, Inc. (together with its affiliates, Ancora), Legion Partners Asset Management, LLC (together with its affiliates, Legion Partners), and 4010 Capital, LLC (together with its affiliates, 4010 Capital and, together with Macellum, Ancora and Legion Partners, the Investor Group) today issued an open letter to shareholders of Kohls Corporation (NYSE: KSS) (Kohls or the Company) and announced the nomination of nine highly-qualified, independent candidates for election to the Companys Board of Directors (the Board) at the 2021 annual meeting of shareholders (the 2021 Annual Meeting). The Investor Group is deemed to beneficially own, in... More

Group of Investors Take Nearly 10% Stake in Kohl's (KSS) - WSJ

February 21, 2021 7:14 PM EST

A group of investors have taken a combined 9.5% stake in Kohl's (NYSE: KSS) and is seeking to take control of the retailer's Board of Directors, the Wall Street Journal reported citing people familiar with the matter.

The group includes Mecellum Advisors, Ancora Holdings... More