0000892712-21-000104.txt : 20210222 0000892712-21-000104.hdr.sgml : 20210222 20210222172354 ACCESSION NUMBER: 0000892712-21-000104 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210222 DATE AS OF CHANGE: 20210222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KOHLS Corp CENTRAL INDEX KEY: 0000885639 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 391630919 STATE OF INCORPORATION: WI FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11084 FILM NUMBER: 21661542 BUSINESS ADDRESS: STREET 1: N56 W17000 RIDGEWOOD DR CITY: MENOMONEE FALLS STATE: WI ZIP: 53051 BUSINESS PHONE: 262 703 7000 MAIL ADDRESS: STREET 1: N56 W17000 RIDGEWOOD DR CITY: MENOMONEE FALLS STATE: WI ZIP: 53051 FORMER COMPANY: FORMER CONFORMED NAME: KOHLS CORPORATION DATE OF NAME CHANGE: 19930328 DEFA14A 1 kss14acover1.htm KOHL'S 14A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A INFORMATION

 

PROXY STATEMENT PURSUANT TO SECTION 14(a)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

(AMENDMENT NO. ____)

 

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[  ]Definitive Proxy Statement 

 

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[X]Soliciting Material Pursuant to §240.14a-12 

 

KOHL’S CORPORATION

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On February 22, 2021, Kohl’s Corporation distributed the following message to its associates:

To: All Associates

From: Michelle Gass

Subject: Recent Investor News

A Message from Michelle Gass

Dear Team,

You may have seen the news today that a small group of our investors publicly announced some ideas about our strategy and path forward and have made board nominations. We value the opinions of all shareholders and maintain an ongoing dialogue to hear their views and to make sure they understand our long-term strategy and continued commitment to create shareholder value. Please know that it is relatively common for certain investors to take a position like this with public companies.

Over the past year, you’ve received very frequent updates from me on our business. Today’s news report does not change anything about all of the good news we’ve had to celebrate. We successfully navigated the business through an extremely challenging year and we have three consecutive quarters of progressive improvement and strong momentum going into 2021. We were fortunate to be in a strong financial position as we entered the pandemic and with the incredible agility of this entire organization, we’ve managed through the challenges, announced a new long-term strategy and are an even stronger company now. This is our shared success as a result of all of your hard work and commitment to Kohl’s.

As we look toward building our business for the future, please be assured that our management team and Board have great confidence in our current performance and the plans we have in place for the next chapter of Kohl's. We are working in the best interests of all our stakeholders and are encouraged by the seven equity analyst upgrades and more than 150% appreciation in our stock price since announcing our new strategy in October 2020. There is strong support for how we are approaching our strategy and future growth.

Though you may see speculation and commentary in the media regarding these investors’ intentions, please continue to stay focused on our strategic vision and our key initiatives. I value all you are doing to support our business and serve our customers, and I appreciate your commitment and efforts as we together create a very bright future for Kohl's. We will update you on important developments as appropriate.

If you receive any media inquiries about this matter, please direct them to Jen Johnson at Jen.Johnson@kohls.com. If you receive any questions from investors, please send them directly to Mark Rupe at Mark.Rupe@kohls.com.

Thank you all for your continued hard work and dedication.

Sincerely,

Michelle

This email was sent to all associates.

The information in this email is for internal use and is the property of Kohl’s, Inc.