Kohl's on Thursday said final and fully financed bids from potential buyers are expected in the coming weeks, as the retailer faces heightened pressure from activists to sell.

Chief Executive Officer Michelle Gass said Kohl's has been "pleased with the number of parties who recognize the value of our business and plan.".

Kohl's for its fiscal first quarter reported net income of $14 million, or 11 cents per share, compared with $14 million, or 9 cents per share, a year earlier.

Kohl's has been facing pressure to find a new owner ever since activist hedge fund Macellum Advisors in January pushed for the company to do so, arguing that Gass hasn't done enough to grow sales.

Kohl's said in a securities filing Wednesday evening that its chief merchandising officer and chief marketing officer are departing the retailer.

Ron Murray, a long-tenured merchandising executive, will serve as interim chief merchandising officer, the company said?

Christie Raymond, vice president of customer engagement, media and analytics, will be interim chief marketing officer.