Kohl’s Could See Changes

Kohl’s Could See Changes

There could be some changes coming to Kohl’s.

Bloomberg reported yesterday that a group of activist investors have set their sights on the company and want to make some changes. The investors say Kohl’s has chronically underperformed. Their plan is to eliminate some sales and sell some property to boost earnings. The investors own a little more than nine-and-half-percent of Kohl’s shares, making them the company’s largest shareholder.

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