Kohl's Corp

Best Buy cuts its outlook, joining other retailers as inflation pressures shoppers

Best Buy cuts its outlook, joining other retailers as inflation pressures shoppers

Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Wednesday cut its forecast for its fiscal year and second quarter, saying it has seen weaker demand for consumer electronics amid inflation. The consumer electronics retailer said it now expects same-store sales to …

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Kohl's says a real estate sale is on the table after scrapping deal talks

Kohl’s says a real estate sale is on the table after scrapping deal talks

People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling its business after all. But it’s now looking to sell some of its real estate, reversing its prior stance. The retailer on Friday announced it terminated deal talks with The …

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Kohl's terminates sale talks with Vitamin Shoppe owner Franchise Group, sources say

Kohl’s terminates sale talks with Vitamin Shoppe owner Franchise Group, sources say

A Kohl’s store in San Rafael, Calif. Getty Images Kohl’s is terminating talks to sell its business to The Vitamin Shoppe owner Franchise Group, two people familiar with the matter told CNBC on Thursday. The people requested anonymity because a decision from Kohl’s has not been publicly announced. Representatives from Kohl’s and Franchise Group didn’t …

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Here's why Vitamin Shoppe's owner wants to buy Kohl's – and what could happen next

Here’s why Vitamin Shoppe’s owner wants to buy Kohl’s – and what could happen next

Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images A little-known conglomerate of companies including The Vitamin Shoppe, Pet Supplies Plus and a home furnishing chain called Buddy’s is suddenly the talk of the retail industry. Franchise Group, a publicly traded business with a market capitalization of about $1.6 …

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5 things to know before the stock market opens Tuesday

5 things to know before the stock market opens Tuesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to open lower as bond yields remain high Traders work on the floor of the NYSE, June 6, 2022. Source: NYSE U.S. stock futures dropped Tuesday, with elevated bond yields playing spoiler again. Sentiment …

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