"[Kohl's] board seems to be content performing just slightly better than the worst companies in retail," the group said in a letter sent to Kohl's shareholders.
In late February, Kohl's rejected their attempt to take control of its board, arguing it would disrupt the momentum it has had in revamping its business.Justin Sullivan | Getty Images News | Getty Imagesboard published a letter Friday morning saying the retailer's latest quarterly financial results were lackluster and further demonstrate the need for an overhauled strategy.
"The board seems to be content performing just slightly better than the worst companies in retail," the group said in a letter sent to Kohl's shareholders. "'Best of the worst' is not a viable strategy, nor does it satisfy shareholders like us seeking long-term superior performance." "Kohl's is enormously well positioned with off-mall locations, which has significant advantages, but it also means Kohl's competes against thriving off-mall players like
Screw Kohl’s. That’s what they get when they try and alienate customers with their politics.
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What is even inside a Kohls store?!
The 'investor group' can go fuck themselves!!!!!!!!!!!!
what do they expect? Target? Kohl's is a fossil-zombie
honestly, who shops at kohls? where the kohls shoppers at?
I see Amazon buying Kohls in the next 12 months jimcramer just my gut