report: kohl s considers going private, breaking up company to prevent takeover /

Published at 2016-01-11 23:31:09

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Middle-course consumers just aren’t as into department stores as they used to be. Experts speculate that this is because off-price and outlet stores caught on during the recession,and shoppers simply don’t want to go back. Even staying open for 170 hours straight wasn’t enough to drag Kohl’s out of a slump, and the company’s leaders worry that they could …

Source: consumerist.com