Kohl's said it has ended negotiations with would-be buyer Franchise Group and taken itself off the sales block because of economic uncertainty, but the retailer still plans to weigh options to monetize part of its real estate holdings.
Kohl’s Rejects Reduced Franchise Group Offer, Ends Sale Negotiations
Retailer Says It Will Weigh Its Own Options To Monetize Real Estate
By Linda Moss
CoStar News
July 1, 2022 | 4:25 P.M.
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IN THIS ARTICLE
- Companies
- Kohl's
Retailer
- Franchise Group, Inc.
Rental and Leasing Services