Business

Kohl’s Urged to Take into account Sale by Activist Investor

An activist investor is urging department-store chain Kohl’s Corp. to think about a sale of the corporate or a separation of its e-commerce enterprise.

New York-based hedge fund Engine Capital LP desires the retailer to look at the 2 options to enhance its lagging inventory value, in accordance with a letter despatched to Kohl’s board Sunday and considered by The Wall Avenue Journal. Engine owns a roughly 1% Kohl’s stake.

You May Also Like

Health

Kashechewan First Nation in northern Ontario is experiencing a “deepening state of emergency” as a result of surging COVID-19 cases in the community...

World

The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study...

World

April Ross and Alix Klineman won the first Olympic gold medal for the United States in women’s beach volleyball since 2012 on Friday,...

Sports

Greater than 100 Broncos previous and current had been among the many 500 who attended the ceremony Monday in Atlanta that honored Thomas, who...

© 2021 Newslebrity.com - All Rights Reserved.

Exit mobile version