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The Wall Street Publication > Blog > Business > Kohl’s Urged to Consider Sale by Activist Investor
Business

Kohl’s Urged to Consider Sale by Activist Investor

Editorial Board Published December 5, 2021
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Kohl’s Urged to Consider Sale by Activist Investor
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An activist investor is urging department-store chain Kohl’s Corp. to consider a sale of the company or a separation of its e-commerce business.

New York-based hedge fund Engine Capital LP wants the retailer to examine the two alternatives to improve its lagging stock price, according to a letter sent to Kohl’s board Sunday and viewed by The Wall Street Journal. Engine owns a roughly 1% Kohl’s stake.

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