Kohl's said it ended its talks to sell itself to Vitamin Shoppe owner Franchise Group, sending the discount department store chain's stock tumbling in Friday trades. Franchise Group had initially offe
Kohl's is no longer for sale.
Kohl's CEO Michelle Gass and Peter Boneparth, chair of Kohl's board of directors, join CNBC's 'Squawk Box' to break down the company's decision to end sale talks with Franchise Group.
Kohl's Corporation (NYSE:KSS) is said to be ending talks to sell its business to The Vitamin Shoppe's owner Franchise Group as the American retail chain's stock price slides and sales slump. The Fran
A monthslong bidding race for Kohl's Corp ended on Friday after the department store chain said it was scrapping plans to sell itself to Vitamin Shoppe owner Franchise Group due to the downturn in mar
Kohl's Corp. KSS, -0.61% announced Friday that takeover talks with Franchise Group have ended without a deal. Franchise Group FRG, -3.22% was the top bidder at $60 per share after Kohl's engaged with
Department store chain Kohl's Corp said on Friday it was abandoning talks to sell itself to Vitamin Shoppe-owner Franchise Group, blaming a downturn in market conditions.
Shares of department store operator Kohl's KSS, -0.61% fell 14% in premarket trade after CNBC reported that deal talks for it to be bought by Franchise Group FRG, -3.22% have ended. The report cited t
A report says retailer Kohl's has terminated talks with Franchise Group, owner of The Vitamin Shoppe.
The report, however, did not elaborate on the reason behind ending the discussions.
This decision from Kohl's comes as its stock price slumps and its sales decline.
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Kohl's (KSS) stock is in the news today as reports claim that Franchise Group is considering decreasing its bid to acquire the retailer. The post KSS Stock Alert: 10 Things to Know as Franchise Group
The market finished mixed in volatile trading.
The CEO of Franchise Group seems to be getting cold feet over his $8 billion bid to purchase beleaguered retailer Kohl's.
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