On, January 19, 2022, Macellum Advisors announced that, it is renewing a push to get Kohl's Corporation to take action to boost its lagging stock and urging the company to make changes including altering its board. Further, Macellum Advisors stated that, if the Company doesn't change its board, the company should hire bankers to explore a sale or other transaction. In addition, Macellum Advisors has told the company that, it thinks there are potential buyers that have shown interest.