board of directors

UPDATED: Abercrombie Launches Investigation 9 Years After Jeffries Stepped Down as CEO

UPDATE Oct. 6, 2023 – When this story was first published in 2014, there was no indication of the reasons behind Michael…

Bath & Body Works adds Independent Director Recommended by Activist Investor

Bath & Body Works has appointed Thomas J. Kuhn as a new independent member of its Board of Directors at the recommendation…

Bath & Body Works Faces Growing Activist Pressure Despite Adding 2 Board Seats

Activist investor Daniel Loeb will launch a boardroom challenge against Bath & Body Works through his hedge fund Third Point. The retailer…

CNBC: Activist Investor Pressure Encouraged Kohl’s CEO to Take Levi’s Leadership Role

Levi Strauss & Co. (LS&Co.) CEO Chip Bergh said that pressure from activist investors encouraged Kohl’s CEO Michelle Gass to take on…

Peloton Co-founders Depart as Retailer Expands its Rental Program Nationwide

Peloton Co-founder and Executive Chair John Foley and Co-founder and Chief Legal Officer Hisao Kushi have resigned, effective September 12 and October…

Tuesday Morning Receives $32 Million Lifeline from Retail Ecommerce Ventures and Ayon Capital

Tuesday Morning has received a $32 million investment from Retail Ecommerce Ventures (REV), the parent company of Pier 1 Imports, Linens ‘n…

Starbucks Taps Former PepsiCo Executive as Next CEO

Starbucks has named Laxman Narasimhan as its next CEO. Narasimhan will relocate from London to the Seattle area to join the company…

Rite Aid Rejects Unsolicited $3.6 Billion Takeover Offer

Rite Aid has rejected a non-binding off-market proposal from Spear Point Capital Management to acquire the company for $3.6 billion. Spear Point…

Dollar Tree Settles with Activist Investor, Appoints Former Dollar General CEO to Lead Board

Following several months of pressure from activist investor Mantle Ridge, Dollar Tree has announced the makeup of its “reconstituted” Board of Directors,…

Macellum Advisors Nominates 10 Directors to Kohl’s Board, Questions Rejection of Acquisition Bids

Activist investor Macellum Advisors has nominated a slate of 10 independent candidates for the Kohl’s Board of Directors as the firm continues…

Kohl’s Rejects Acquisition Offers, Creates Plan to Protect Against Hostile Takeovers

Kohl’s Board of Directors has rejected the acquisition offers from Sycamore Partners and Acacia Research, stating that “the valuations indicated in the…

Report: Sycamore, Acacia Make Acquisition Bids for Kohl’s as it Faces Investor Pressure

Kohl’s has confirmed that at least two suitors have made acquisition offers. Sycamore Partners is reportedly willing to pay $65 per share,…

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board of directors

UPDATED: Abercrombie Launches Investigation 9 Years After Jeffries Stepped Down as CEO

Bath & Body Works adds Independent Director Recommended by Activist Investor

Bath & Body Works Faces Growing Activist Pressure Despite Adding 2 Board Seats

CNBC: Activist Investor Pressure Encouraged Kohl’s CEO to Take Levi’s Leadership Role

Peloton Co-founders Depart as Retailer Expands its Rental Program Nationwide

Tuesday Morning Receives $32 Million Lifeline from Retail Ecommerce Ventures and Ayon Capital

Starbucks Taps Former PepsiCo Executive as Next CEO

Rite Aid Rejects Unsolicited $3.6 Billion Takeover Offer

Dollar Tree Settles with Activist Investor, Appoints Former Dollar General CEO to Lead Board

Macellum Advisors Nominates 10 Directors to Kohl’s Board, Questions Rejection of Acquisition Bids

Kohl’s Rejects Acquisition Offers, Creates Plan to Protect Against Hostile Takeovers

Report: Sycamore, Acacia Make Acquisition Bids for Kohl’s as it Faces Investor Pressure

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