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

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

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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Why the retail industry is facing a bankruptcy wave

Why the retail industry is facing a bankruptcy wave

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

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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