With Her Back Against the Wall, Kohl’s CEO is Trying to Ward Off a Restless Activist Investor
Kohl's CEO Michelle Gass laid out her plan on Monday to finally shake the company's stagnating sales and share performance. In a webcast presentation to investors, she argued that the company should continue investing in winning categories like activewear and pursue brand partnerships, despite a heightened push from an activist investor to overhaul the embattled retailer's board and find potential buyers...
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