Kohl’s urged to separate e-commerce business

Image and video courtesy of Kohl's. ©2017 Kohl's Department Stores, Inc.

US department-store group Kohl’s is being urged to either spin-off its e-commerce business or sell the company in light of the retailer’s “sustained under-performance,” hedge fund Engine Capital said.

Engine Capital, which owns 1% of Kohl’s shares, wrote a letter...

Read the full article now!
Subscribe
52ed8bab1d7c59f70c9e4a4a00bf82d7L