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Benzinga
Benzinga
Business
Adam Eckert

MYSTERIOUS: Why kohl s stock is sinking today - What They Never Told You

Kohl KSS Franchise Group

Kohl's Corp (NYSE:KSS) shares are trading sharply lower Friday after the company announced it's terminating talks with Franchise Group over a potential sale.

Kohl's board unanimously determined to conclude its strategic review process amid a retail environment that has deteriorated since talks began.

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