Investor Urges Kohl’s to Spin Off Ecommerce Business, Citing Potential Value of $12.4 Billion
Retail TouchPoints
DECEMBER 6, 2021
Kohl’s has become the latest retailer to attract the attention of an activist investor seeking the separation of its digital and brick-and-mortar businesses. Engine Capital, which owns an approximately 1% stake in Kohl’s, believes the standalone ecommerce business could be “conservatively valued at $12.4 billion or more.” In comparison, Kohl’s total operation is currently valued at about $7.3 billion.
Let's personalize your content