Around the Net
Kohl's Takes Down 'For Sale' Sign
- Sourcing Journal, Friday, July 1, 2022 2:05 PM
Kohl’s is focusing on self-care rather than a sale after takeover talks with Vitamin Shoppe’s owner fell apart. “Perhaps more than anything, bad timing tripped up the Kohl’s sale process as data and economists increasingly suggest the U.S. could be headed for a recession,” per Sourcing Journal. “Kohl’s on Friday said it ultimately rejected Franchise Group’s revised $53-a-share, $6.84 billion offer."
