The retailer's feel-good shareholder meetings -- where thousands of out-of-town employees are flown to the
After 2013's celebrity-studded affair, including an appearance by
Ahead of this year's shareholders' meeting, a working-mothers group seeking higher pay protested in 20 cities this week, and dozens are expected to picket at the shareholders meeting.
There's also a lingering corruption scandal over bribery allegations involving the chain's international operations managers.
And this week, a report from Americans for Tax Fairness said
Both are drawing support from institutional investors, pension funds and proxy adviser
"Despite the spectacle of celebrity performances
"After chronically underperforming its peers and a costly scandal, investors want the board to get serious about real management issues. Investors aren't looking for a good show; we need the company to reverse its chronic underperformance."
Still, some observers hope there's enough negative shareholder sentiment to push for change.
"It's not surprising that a lot of these things are coming to a head -- there's a real challenge to the culture of the company," says
Party atmosphere and potential blowback from shareholders and some disgruntled strikers aside,
"In between all the blockbuster acts, Doug's really going to set his vision on how he sees the company moving forward," Buchanan says. "He's going to dive deep into that."
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