July 1, 202211:21 AM UTCLast Updated ago

Kohl's abandons talks to sell itself to Franchise Group

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The Kohl’s label is seen on a shopping basket in a Kohl’s department store in the Brooklyn borough of New York, U.S., January 25, 2022. REUTERS/Brendan McDermid

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July 1 (Reuters) - Department store chain Kohl's Corp (KSS.N) said on Friday it was abandoning talks to sell itself to Vitamin Shoppe-owner Franchise Group (FRG.O), blaming a downturn in market conditions.

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Reporting by Uday Sampath in Bengaluru; Editing by Anil D'Silva

Our Standards: The Thomson Reuters Trust Principles.

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Reuters
August 12, 2022

Kohl's abandons talks to sell itself to Franchise Group

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