Malls

Kohl's terminates sale talks with Vitamin Shoppe owner Franchise Group: Sources

Kohl’s terminates sale talks with Vitamin Shoppe owner Franchise Group: Sources

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A Kohl’s store in San Rafael, California. fake images Kohl’s is ending talks to sell its business to The Vitamin Shoppe’s owner, Franchise Group, two people familiar with the matter told CNBC on Thursday. The people requested anonymity because a Kohl’s decision has not been publicly announced. Representatives for Kohl’s and Franchise Group did not …

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Ukrainian Rescuers Search for Survivors After Russian Missiles Strike Mall

Ukrainian Rescuers Search for Survivors After Russian Missiles Strike Mall

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Ukrainian rescuers searched the rubble of a shopping mall in Kremenchuk for survivors the day after it was hit by Russian missiles, killing at least 20, as Western leaders promised new measures to increase economic pressure on Moscow to withdraw its forces. “More than a thousand people worked through the night in the ruins: rescuers, …

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Why the retail industry is facing a bankruptcy wave

Why the retail industry is facing a bankruptcy wave

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Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. justin sullivan | fake images The retail industry is facing a possible wave of bankruptcies after a months-long slowdown in restructuring activity. There could be a surge in struggling retailers starting later this year, experts say, as rising prices …

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Franchise Group considers lowering Kohl's bid closer to $50 a share from $60

Franchise Group considers lowering Kohl’s bid closer to $50 a share from $60

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People walk near the entrance of Kohl’s department store on June 7, 2022 in Doral, Florida. Kohl’s announced that it has entered into exclusive negotiations with Franchise Group, which is proposing to buy the retailer for $60 per share. Joe Raedle | fake images Retail holding company Franchise Group is considering lowering its offer for …

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