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  "documentTitle": "Macellum Kohls Presentation April 2022",
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  "presentationDate": "2022-04-01 00:00:00",
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  "notes": "The slide uses a bar chart to visually demonstrate the gap between stated goals and actual performance, reinforcing the argument that management has failed to deliver.",
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      "kind": "callout",
      "text": "WITHOUT CHANGE TO THE BOARD AND THE SAME CEO WHO DESIGNED THE \"GREATNESS AGENDA,\" WHY SHOULD INVESTORS BELIEVE KOHL'S WILL MEET ITS FINANCIAL GOALS THIS TIME?",
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      "text": "Ms. Gass, designed the \"Greatness Agenda\" to be a three-year plan to get Kohl's back on track, but in 2017, sales were 4% below the financial goals, operating profit was 26% below targets. Nearly a decade later and the Company has still yet to achieve the financial goals outlined in the \"Greatness Agenda\". Additionally, the Company has lowered long-term operating margins targets to 100-200 basis points below the goal outlined in the \"Greatness Agenda\"",
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      "text": "Source: Company SEC filings; Bloomberg LP.",
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      "kind": "title",
      "text": "ADDITIONAL \"GREATNESS AGENDA\" DETAILS",
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