Kohl's (KSS) Concludes Strategic Review Process

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Kohl’s Concludes Strategic Review Process

July 1, 2022 7:00 AM UTC

Board Affirms Plans for Accelerated Share Repurchase Program

Board to Evaluate Additional Value Creation Opportunities

Company Provides Detailed Overview of Strategic Review Process in 8-K Filing

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Corporation ("Kohls" or the "Company") (NYSE: KSS) announced today that following the exclusive negotiation period with Franchise Group (FRG), the Kohls Board of Directors (the Board) unanimously determined to conclude its strategic review process. The current financing and retail environment was reflected in the price... More