Kohl’s Enters Exclusive Talks to Be Sold to Vitamin Shoppe Owner

Kohl’s Corp. is in advanced talks to be sold in a deal that could value the department-store chain at roughly $8 billion.

The Wisconsin company said it has entered exclusive talks with retail holding company Franchise Group Inc., confirming an earlier report by The Wall Street Journal. The exclusivity period is to last three weeks, the company said, adding that a deal isn’t guaranteed.

Source link

Leave a Reply

Your email address will not be published.