Business

Activist investor pushes Kohl’s to oust its CEO and chairman

[ad_1] Michelle Gass Chris Ratcliffe | Bloomberg | Getty Images Activist investor Ancora Holdings is pushing to remove Kohl’s chief executive and chairman, according to a report from Reuters. Ancora sent a letter to the board on Thursday asking for the replacement of CEO Michelle Gass and Chairman Peter Boneparth. …

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Why Target Canada could not beat Walmart, Costco and Giant Tiger

[ad_1] Target’s entry into the Canadian market in 2013 was its first foray in international expansion. A combination of extensive renovation needs, a flawed merchandising system, tight time frame and inadequate leadership were some of the reasons the big-box retailer decided to close all 133 stores in the country in …

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Accenture, Darden Restaurants, home builders

[ad_1] Check out the companies making headlines before the bell: Accenture (ACN) – The consulting firm reported a better-than-expected quarterly profit and revenue, but gave a weaker-than-expected revenue forecast for the current quarter. Accenture pointed to IT spending cuts by corporate customers and a negative impact from the stronger dollar. …

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