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“Kohl’s ignites bidding war and stock jumps 16%” A bidding war for discount department store Kohl’s has erupted, sending its share price up more than 16%. At least three bidders — including Hudson’s Bay, the Canadian holding company that owns Saks Fifth Avenue — are submitting bids Wednesday to potentially acquire the discount department store,…
“#Kohl’s adopts ‘poison pill’ to ward off hostile takeover bids” Kohl’s says that recent offers to purchase the department store chain undervalue its business and said it’s adopting a shareholder rights plan to head off any hostile takeovers. The shareholder rights plan, which is effective immediately and is known as a “poison pill,” is set…
“#Macy’s shares surge more than 20 percent on bright holiday outlook” Shares of Macy’s leaped more than 20 percent on Thursday after the retailer raised its financial forecast for the holidays, saying its stores are well stocked with Christmas inventory despite supply-chain kinks that have plagued the industry. Shoppers, meanwhile, have hit the ground running…
“#Kohl’s spooks investors despite raised financial outlook” Kohl’s raised its financial outlook for the year on Thursday, after a solid rebound in the first quarter from the devastating impact of the pandemic. But those raised expectations fell short of what many industry analysts had been projecting and shares plunged nearly 11 percent Thursday. During a…
“#California man accused of killing wife at Kohl’s store” A man is accused of murdering his estranged wife in front of their son at a California Kohl’s department store on Tuesday night, a report said. After his alleged attack, suspect Enrique Acosta, 41, fled the store in the city of Whitter. But he was caught…
“#Kohl’s is canceling PS5 orders even after sending confirmation emails” A lot of people seemed to have secured a PS5 during Kohl’s drop. New reports suggest that the retailer is canceling orders even after sending out confirmation emails. Kohl’s sent out confirmation emails saying the orders were “In Fulfillment” stage. Basically, if your order status…
“#Kohl’s finally dropped its 2020 Black Friday ad — and it was worth the wait” All products featured here are independently selected by our editors and writers.If you buy something through links on our site, Mashable may earn an affiliate commission. Kohl’s released its 2020 Black Friday ad on Nov. 6, kicking off its holiday…