KSS Off

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The latest Stupidity in the retail world is happening in, of all places, the quiet little town of Menomonee Falls, WI where Kohl’s is under siege from multiple directions as private equity wolves are trying to move in for the kill. They claim the retailer is not all it could be and they could do better. In the process, they will make some pretty hefty amounts of money for themselves and other investors but, at least from this viewpoint, will do irreparable harm to the long-term prospects of this company, saddling it with debt and an operating structure that is counterproductive for modern retailing.

It’s all playing out right before our eyes right now. Here’s my take on all of this in two places: In my Retailer of the Week: https://retaileroftheweek.com/blog/ and with more detail in Forbes.com: https://www.forbes.com/sites/warrenshoulberg/2022/02/04/kohls-tells-suitors-to-kss-off/?sh=21ef1fe6330e

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