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<blockquote data-quote="WPLG" data-source="post: 47055" data-attributes="member: 158">The potential sale of the Kohl's department store chain has fallen apart in a shaky retail environment of rising inflation and consumer anxiety.Kohl's entered exclusive talks early this month with Franchise Group, the owner of Vitamin Shop and other retail outlets, on a deal worth about $8 billion.&quot;Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal,&quot; said Kohl's Chairman Pete Boneparth.Americans have grown more cautious with their spending with <a href="https://apnews.com/article/inflation-consumer-confidence-97717313447fc29e0da387d3510c5264" target="_blank">repeated economic signals</a> that suggest the economy is slowing.Shares of Kohl's Corp., based in Wisconsin, fell more than 17% in premarket trading.<a href="https://www.local10.com/business/2022/07/01/kohls-sale-falls-apart-in-shaky-retail-environment/" target="_blank">Continue reading...</a></blockquote>

[QUOTE="WPLG, post: 47055, member: 158"] The potential sale of the Kohl's department store chain has fallen apart in a shaky retail environment of rising inflation and consumer anxiety. Kohl's entered exclusive talks early this month with Franchise Group, the owner of Vitamin Shop and other retail outlets, on a deal worth about $8 billion. "Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said Kohl's Chairman Pete Boneparth. Americans have grown more cautious with their spending with [URL='https://apnews.com/article/inflation-consumer-confidence-97717313447fc29e0da387d3510c5264']repeated economic signals[/URL] that suggest the economy is slowing. Shares of Kohl's Corp., based in Wisconsin, fell more than 17% in premarket trading. [url="https://www.local10.com/business/2022/07/01/kohls-sale-falls-apart-in-shaky-retail-environment/"]Continue reading...[/url] [/QUOTE]

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