Kohl's Corp
How Amazon plans to fix its massive returns problem
Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in 2021, which was $741 […]
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Keep an eye on these 9 beaten-down retail stocks, Jim Cramer says
CNBC’s Jim Cramer on Friday offered a list of nine discounted retail stocks that he believes could be great additions to investors’ portfolios. “Today we saw many of these discounted retailers rally nicely, but it will take many more days like today before these stocks come close to being expensive again. So, I would give […]
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Kohl’s calls on shareholders to reject activist Macellum’s proposal ahead of annual meeting
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s on Thursday sent a letter to shareholders in which it pushed back against activist investor Macellum’s campaign to add new directors to the retailer’s board. In the […]
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Rent the Runway could get a big bump from 2022 ‘wedding boom,’ Jefferies says
A rebound in social events like weddings would help the apparel retailer, which saw the pandemic dampen consumer demand for designer wear. Source
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Wisconsin senator urges Kohl’s to reject buyout offers that threaten jobs in retailer’s home state
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A U.S. senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy filing or threaten workers’ jobs in the retailer’s home state. Sen. Tammy Baldwin, a Democrat, sent a letter to Kohl’s board of […]
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Kohl’s confirms it has received multiple preliminary buyout offers
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Monday confirmed it has received multiple preliminary offers from parties interested in acquiring the department store chain. Kohl’s said in a press release the proposals are nonbinding and […]
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