×
91 458
Fashion Jobs
BLOOMINGDALE'S
Asset Protection Detective, Full Time - Soho
Permanent · NEW YORK
BLOOMINGDALE'S
Registry Consultant, Full Time - Boca Raton
Permanent · BOCA RATON
H&M
842 Area Visual Manager
Permanent · LOS ANGELES
BLOOMINGDALE'S
Asset Protection Detective, Full Time - Short Hills
Permanent · MILLBURN
URBN
Urban Outfitters Visual Merchandising Manager
Permanent · COSTA MESA
COLUMBIA SPORTSWEAR COMPANY
Regional Loss Prevention Manager (Northwest-us)
Permanent · SALEM
COLUMBIA SPORTSWEAR COMPANY
Operations Manager - Swing Shift
Permanent · PORTLAND
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time, Chestnut Hill
Permanent · NEWTON
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time, Chevy Chase
Permanent · CHEVY CHASE
BLOOMINGDALE'S
Asset Protection Detective, Full Time, San Francisco
Permanent · SAN FRANCISCO
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time, Huntington
Permanent · HUNTINGTON STATION
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time, San Francisco
Permanent · SAN FRANCISCO
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time, Dolphin Mall
Permanent · MIAMI
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time, Jersey Gardens
Permanent · ELIZABETH
BLOOMINGDALE'S
Wedding & Gift Registry Consultant, Full Time, Norwalk
Permanent · NORWALK
BLOOMINGDALE'S
Manager, Sales - Women's Ready to Wear/Shoes: Norwalk
Permanent · NORWALK
BLOOMINGDALE'S
Manager, Sales - Mens Shoes
Permanent · NEW YORK
BLOOMINGDALE'S
Senior Art Director, Photo
Permanent · NEW YORK
BLOOMINGDALE'S
sr. Director, HR Business Partner - Marketing/Creative/Finance/Support
Permanent · NEW YORK
BLOOMINGDALE'S
Asset Protection Outlet Visual Security Officer, Part Time: Park Lane
Permanent · DALLAS
BLOOMINGDALE'S
Outlet Keyholder Selling, Full Time, Livermore
Permanent · LIVERMORE
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Full Time, Soho
Permanent · NEW YORK
By
Reuters
Published
Dec 6, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Engine Capital urges Kohl's to consider e-commerce separation

By
Reuters
Published
Dec 6, 2021

​U.S.-based hedge fund Engine Capital LP is urging Kohl's Corp to consider a sale of the company or a separation of its e-commerce business, The Wall Street Journal reported on Sunday.


The activist investor, which owns a roughly 1% Kohl's stake, wants the department-store chain to examine the two alternatives to improve its lagging stock price - Reuters


The activist investor, which owns a roughly 1% Kohl's stake, wants the department-store chain to examine the two alternatives to improve its lagging stock price, the report said, citing a letter sent to Kohl's board on Sunday.

Engine argues that the company has underperformed both the S&P 500 and other retailers in recent years, the report said.

Kohl and Engine Capital did not immediately respond to Reuters' request for comment.

In the letter cited by the newspaper, the activist investor also said that assuming online sales revenue of around $6.2 billion, Kohl's digital business alone would be worth $12.4 billion.

Engine also added it believes there are private-equity firms that would pay at least $75 a share and that interactions with potential buyers suggest they could do so by monetizing Kohl's real estate, the report said.

© Thomson Reuters 2022 All rights reserved.