People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s on Thursday again slashed its financial forecast for the year, s...
Tag: Kohls
Cisco, BJ’s Wholesale, Bed Bath & Beyond, Kohl’s and more
A customer walks through an aisle of a BJ’s Wholesale Club Inc. store in Falls Church, Virginia, U.S. Bloomberg | Bloomberg | Getty Images Check out the companies making the biggest moves midday...
Kohl’s, BJ’s Wholesale, Estee Lauder and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s shares slid 7.2% in the premarket after the retailer cut its full-year forecast due to increased promotional...
Dow Futures Steady as Fed Signals Need to Keep Raising Interest Rates
Text size Federal Reserve officials agreed they need to keep raising interest rates to cool inflation. (Photo by TIMOTHY A. CLARY/AFP via Getty Images) AFP via Getty Images Stock futures fluctuated Th...
Large Retailers Are Getting Hit Hardest by Overstocking
Big retailers are struggling to cope with large stockpiles of furniture, apparel and workout equipment, yet broad measures show inventories at American companies remain exceedingly lean by historical ...
Kohl’s Stock Lands in the Damaged Bin
Text size A Kohl’s department store in Lexington, Ky. Luke Sharrett/Bloomberg Wall Street has lost faith in Kohl’s , given problems facing nearly all retailers and a potential deal that was scru...
Kohl’s ends sale talks with Franchise Group, lowers outlook
Kohl’s announced Friday that it is terminating talks to sell its business, saying that the retail environment has significantly deteriorated since the beginning of its bidding process. The Kohl&...
Kohl’s real estate sale on the table after deal talks fall apart
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling its business after all. But it’s now ...
Franchise Group considers lowering Kohl’s bid closer to $50 a share from $60
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Kohl’s announced that it has entered into exclusive negotiations with Franchise Group, which is proposi...
Kohl’s Should Look Elsewhere For A Buyer
Franchise Group’s plan to acquire Kohl’s is similar to previous deals in retail that left companies such as Mervyn’s, Shopko and Toys”R”Us saddled with debt and selling off assets before eventually fa...
Why Franchise Group wants to buy Kohl’s and what could happen next
Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images A little-known conglomerate of companies including The Vitamin Shoppe, Pet Supplies Plus and a home fur...
Kohl’s Suitor Wants to Buy the Chain by Selling Kohl’s Properties
Kohl’s beat back activists and is in talks to be sold for around $8 billion. But its suitor could bring a new set of challenges for the department-store chain. Franchise Group which owns the Vitamin S...
Kohl’s shares jump after it enters exclusive sale talks with Franchise Group
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s said Monday that it has entered in...
What Kohl’s Means to The Franchise Group
The Franchise Group believes having a diversified portfolio has served it well — and has been aggressive in its growth strategy. Two years ago, TFG — the parent company of The Vitamin Shoppe — bought ...
Target Inventory Warning Portends Retail Bloodbath
Target ’s inventory problem is turning out even worse than it expected just a short time ago. Its latest warning could portend a promotional bloodbath among retailers this summer. The retailer on Tues...
Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday tradin...
What made Kohl’s stock jump 10% on Tuesday?
Kohl’s Corporation (NYSE: KSS) is up 10% on Tuesday after the department store retail chain confirmed it was now in advanced takeover talks with Franchise Group. There’s no guarantee that an agreeme...
Kohl’s Stock Rises on Takeover Bids. The Offers Show Scars of the Retail Rout.
Text size *** ONE-TIME USE *** The Kohl’s logo is displayed on the exterior of a Kohl’s store on Jan. 24, 2022 in San Rafael, California. Justin Sullivan/Getty Images Kohl’s stock rose Fri...
Sycamore and Franchise Submits Bids for Kohls
Sycamore Partners and Franchise Group Inc (NASDAQ: FRG), a retail holding company, has submitted bids to takeover control of Kohl’s Corp (NYSE: KSS). Sycamore proposed a deal of $50 per share and Fran...
Kohl’s sale negotiations could drag on for weeks, possibly longer
The drawn-out bidding process for Kohl’s doesn’t appear to be coming to an end any time soon. It could take several weeks, if not longer, for a deal to come together, a person familiar wit...
Kohl’s stock bounces around after conflicting reports on sale
Shares of Kohl’s Corp. KSS, +2.44% fell more than 10% in the extended session Thursday after the New York Post reported that the retailerpushed back this week’s deadline for bids after sev...
Kohl’s stock surges on report bidders are still competing for company
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s shares surged more than 15% Wednes...
Kohl’s activist investor rips ‘alarming’ behavior by company
The management team and board at Kohl’s has a lot more questions that need answers, contends the activist investor waging a long-running fight against the off-mall retailer. “It was alarmi...
Kohl’s (KSS) reports Q1 2022 earnings
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 Of...
Cisco, Kohl’s, CSX and more
Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain. NurPhoto | Getty Images Check out the companies making headlines in midday trading Thursday. Harley-Da...
Kohl’s, BJ’s Wholesale, Spirit and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Re...
Kohl’s says two top executives are leaving, as company seeks buyer
Vehicles sit parked in front of a Kohl’s department store in Ashland, Ky. Luke Sharrett | Bloomberg | Getty Images Kohl’s said Wednesday that it is losing two of its top executives, as the...
Stocks Poised to Open Lower on Monday
Stocks are poised to open lower on Monday ahead of a big week of retailer earnings. Angela Weiss/AFP via Getty Images Text size U.S. stocks are poised for a lower open on Monday as investors prepare t...