Kohl’s called off talks over its $8 billion sale to Franchise Group amid rising interest rates and an uncertain retail environment.
The department-store chain on Friday said that it would no longer pursue a sales process and will instead focus on navigating current conditions on its own.
Kohl’s called off talks over its $8 billion sale to Franchise Group amid rising interest rates and an uncertain retail environment.
The department-store chain on Friday said that it would no longer pursue a sales process and will instead focus on navigating current conditions on its own.
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