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Kohl's says a real estate sale is on the table after scrapping deal talks

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Kohl's says a real estate sale is on the table after scrapping deal talks

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Kohl's might not be selling its business after all.

But it's now looking to sell some of its real estate.

The company did complete a small sale-leaseback deal earlier on in the Covid pandemic, according to Peter Boneparth, chair of Kohl's board.


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Article Details

Category: Economy

Topics: Retail Department Stores Source:tagname:CNBC US Source Shopping malls Amazon.com Inc E-commerce Retail industry Cnbc Commercial Real Estate Retail REITs Business News Apparel Shopping Franchise Group Inc Kohl's Corp Apparel Retail Articles Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 16:16:25

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Reading Time: 5 minutes read

Article Length: 891 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 25496

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Main Topics: Economy

Official Website: cnbc.com

Update Frequency: 20 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 13h ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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