Kohl's Stock News

U.S. department store chain Kohl's Corp has been approached by private equity firm Sycamore Partners about a potential takeover offer, Bloomberg News reported on Sunday, citing people familiar with th

The $9 billion bid for Kohl's could get improved and other bidders may show up if the board allows the conversation to happen.

Though the department store had largely been able to avoid the demise of the retail apocalypse, its performance began to falter during the pandemic.

A group backed by activist hedge fund Starboard Value is said to have made a $9B offer to purchase department store chain Kohl''s Corp. (KSS).A group led by Acacia Research Corp

Kohl''s is the latest company that has been targeted by activist investors. Here''s a list of companies that have faced recent pressure.

Kohl''s Corp. (KSS) neared session highs, up about 6%, at least partly after a report that the company retained Goldman Sachs following an activist push from Marcellum…

Board of Directors Recently Refreshed with Three Independent Directors as Part of Settlement with Investor Group, which included Macellum, in April 2021 Company Plans to Share Updated Financial Framework and Capital Allocation Strategy at Previously Announced Investor Day on March 7, 2022 Board and Management Refuse to be Distracted and Remain Focused on Executing Strategy to Drive Sustained Shareholder Value Kohl''s Corporation (NYSE: KSS ) ("Kohl''s" or the "Company") today issued the following statement in response to Macellum Advisors GP, LLC''s (together with its affiliates, "Macellum") press release and letter to shareholders: We have continued to engage with Macellum since the settlement and are disappointed with the path they have taken and the unfounded speculation in their announcement and letter. Kohl''s strategy is producing results. Our strategic plan to transform Kohl''s into the leading omnichannel destination for the active and casual lifestyle continues to gain traction. Our third quarter 2021 performance demonstrates continued progress: Net sales increased 16%, beating expectations, due to strong performances across both stores and digital.

Kohl''s Corp (NYSE: KSS ) is trading higher Tuesday after the company announced its Full story available on Benzinga.com

Acacia Research (ACTG), which is backed by activist investor Starboard Value, is said to have contacted Kohl''s Corp

Monday''s top analyst upgrades and downgrades included Airbnb, AT&T, Duke Energy, Etsy, FirstEnergy, Gap, IBM, KeyCorp, Kohl''s, Las Vegas Sands, Nvidia, Starbucks, Trade Desk, Visa.

UBS is cutting its rating on Kohl''s (KSS) to Sell from Neutral in its review of softlines retail due to rising inflation.

Stocks Analysis by Zacks Investment Research covering: Kohls Corp, Lithia Motors Inc, Toll Brothers Inc, Arrow Electronics Inc. Read Zacks Investment Research''s latest article on Investing.com

Kohl''s CEO Michelle Gass said the retailer is doing due diligence after receiving a letter from activist group Engine Capital.