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Latest Kohl’s Board Attack: Chain Hasn’t Generated ‘Same-Store Sales Growth for a Decade’

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The battle for Kohl’s board birthed a new skirmish Thursday. Activist investor Macellum Advisors fired back at the retailer’s recent dismissal of buyout offers by nominating 10 board candidates for election at the department store company’s upcoming shareholders meeting. In a letter to shareholders, Macellum Capital Management managing partner and CEO Jonathan Duskin said the…

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