Retail
Several stores planned for former Shopko building in West Bend
A former Shopko in West Bend is on the cusp of being transformed into one of the city’s newest...
Kohl’s confirms interest from multiple buyers ‘without committed financing’
Menomonee Falls-based Kohl's Corp. on Monday morning released an update on its ongoing review of potential sale opportunities.Â
The retailer...
5 minutes with: Eric Resch
Milwaukee-based Stone Creek Coffee recently became a Certified B Corporation. It’s a status achieved by nearly 5,000 for-profit companies...
Two Highway 100 shopping centers sold for combined price of $10.3 million
Two strip malls along Highway 100 have been sold recently for a combined $10 million
Saks owner may enter Kohl’s bidding process as shareholder pressure continues
Canadian department store Hudson Bay, the parent company of Saks Fifth Avenue, is reportedly considering a bid for Menomonee Falls-based Kohl’s Corp., according to a report from Axios.
Employees take over majority ownership of Van Horn Automotive Group
Van Horn Automotive Group employees now own a 77% majority stake in the Plymouth-based company.
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Kohl’s has engaged with 20 potential buyers since January
Under pressure to sell, Kohl's Corp. has been in talks with roughly 20 potential buyers in recent months, according to its preliminary proxy statement filed Monday afternoon.Â
Kohl’s blew past annual incentive targets, pushing CEO pay close to $13 million
Kohl’s chief executive officer Michelle Gass received a 3% increase in her base salary and her total compensation climbed to more than $12.9 million in 2021 as the company surpassed annual incentive targets set by its board.
Kohl’s announces plans to open 100 small-format stores, grow Sephora business to $2 billion
Kohl's Corp. on Monday updated investors on its long-term turnaround strategy and introduced several growth initiatives, including plans to open 100 new store locations in the next four years.
Macellum “remains skeptical” of Kohl’s outlook following company’s 2021 earnings report
In response to the report of Kohl's fiscal 2021 results and ahead of its annual investor day next week, activist investor Macellum Capital Management is voicing criticism about the retailer's current turnaround strategy.Â
