The Latest Breaking News from Kohl

It's not your imagination. School supplies cost more this year.

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Nicole Sebastian has been “a little choosier” when buying school supplies for her two kids this year. With inflation at its highest since the early 1980s, prices are up across the board, and notebooks and markers are no exception.

NCR Corporation (NYSE: NCR) stock jumped 12.7% on Tuesday after The Wall Street Journal ("WSJ") reported that the private equity firm — Veritas Capital — is in exclusive talks to buy the consumer transactions software and services company.

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Telsey Advisory Group analyst Dana Telsey has lowered the price target on Kohl's Corp (NYSE:KSS) to $35 (19% upside) from $55 and kept the Market Perform rating on the shares. Kohl's abandoned its negotiations with Franchise Group, considering the challenges in the current retail and financing environment. Also, the retail chain has cut its Q2 sales guidance on ongoing inflationary…

Kohl's Corp. has called off its sale to Franchise Group Inc. amid rising interest rates and an uncertain economic environment that is having a chilling effect on deal making.

Kohl's Corp (NYSE: KSS) shares are trading sharply lower Friday after the company announced it's terminating talks with Franchise Group over a potential sale.

CNBC Why Kohl’s Shares Are Plunging Today

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…

Kohl's Corporation (NYSE: KSS) shares are trading lower following reports suggesting Franchise Group is considering lowering its bid for Kohl's from about $60 to closer to $50 per share.