Tag: Kohl's Franchise Goup

Kohl's reported on Wednesday that profits and sales in the second quarter declined as the department store chain continues to struggle with the downward trend in consumer spending. Still, its results beat Wall Street expectations, with stocks in the company rising by over 2%...

Kohl's won't become a part of the American holding company Franchise Group anytime soon. The Wisconsin-based retailer confirmed that takeover talks with Franchise Group have collapsed and that Kohl' will continue operating as an independent company. Kohl's started a "strategic review process" earlier this year...