Engine Capital LP, a long-term shareholder of Kohl's Corporation (KSS), urged the Board of Kohl's to publicly commit to conducting a full review of strategic alternatives. Given Kohl's' unacceptable long-term stagnation, the Board must also consider a sale of the company to a buyer who can pay a meaningful premium, Engine Capital LP stated. Engine Capital LP also requested a meeting with the Kohl's Board to discuss the initiatives.
"Our analysis and interactions with market participants lead us to believe the private market value of Kohl's is far superior to where it currently trades. Perhaps in the private market, buyers will be better positioned to take advantage of Kohl's' assets," Engine noted.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.