![](https://thecheapinvestor.com/wp-content/uploads/2022/01/tagreuterscom2022newsmlLYNXMPEI0H0ED2tagreuterscom2022binaryLYNXMPEI0H0EDVIEWIMAGE.jpeg)
(Reuters) – Activist hedge fund Macellum Advisors GP LLC said on Tuesday Kohl’s Corp should explore strategic alternatives, including a sale, if the department store chain’s board is “unwilling to pursue improvements.”
Macellum also said there were well-capitalized strategic and financial buyers that could pay a meaningful premium to acquire Kohl’s.
(Reporting by Praveen Paramasivam in Bengaluru; Editing by Ramakrishnan M.)