1. Merchandising

Kohl’s says takeover offers undervalue its business, initiates ‘poison pill’

Written by Posted on Less than 0 min read

Kohl’s said it has adopted a shareholder rights plan, otherwise known as a “poison pill,” in order to avert a hostile takeover.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!
No Comments
Leave a comment Cancel
Comments to: Kohl’s says takeover offers undervalue its business, initiates ‘poison pill’

More from CNBC

  1. Associates & Employees

Starbucks workers file more labor complaints with NYC as union goes on largest-ever strike

​ ​  ​Baristas at more than 200 Starbucks locations are striking on Red Cup Day, a busy promotion for the coffee chain.  View Original Article Restaurants Associates Dept. Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Trends & External Forces

Flavored e-cigarette sales are booming despite federal crackdown

​[[“value”:”Disposable e-cigarettes, which have circumvented FDA restrictions, now comprise more than half the vaping market.”]]  View Original Article Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Department: Food

Beyond Meat reports wider-than-expected loss, falling revenue

Beyond Meat reported a wider-than-expected loss as demand for its meat substitutes tumbled. View Original Article Dept. Fresh CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month […]
< 1 min read
0
  1. CPG: HBC

Procter & Gamble’s earnings beat as higher pricing offsets drop in volume

Shares of Procter & Gamble have fallen 21% this year, dragging its market value down to $306.4 billion. View Original Article Results & Investment Procter & Gamble CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Agencies & Vendors

Peloton hires McKinsey to review cost structure; cycle maker may cut jobs, close stores

Peloton is working with the management consulting group McKinsey & Co. to review its cost structure and potentially eliminate jobs, CNBC has learned. View Original Article Brick and Mortar Consulting CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Channel: Delivery

Grocery delivery firm Getir acquires embattled rival Gorillas as industry consolidates

The long-rumored takeover reportedly values Gorillas at $1.2 billion, down 15% from its last valuation. View Original Article Delivery Q Commerce CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Corporate Strategy

Starbucks is looking externally for its next CEO, Howard Schultz says

Starbucks’ next CEO will come from outside the company, interim leader Howard Schultz told the Wall Street Journal. View Original Article Executives Economy Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Channel: Restaurants

Autumn arrives earlier than ever for Starbucks and others with pumpkin menu items

​More restaurants and retailers including Starbucks, Dunkin’ Donuts and IHOP are launching their limited-time pumpkin items in August.  View Original Article Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle earnings beat estimates as customers paid more, helping offset surging costs

Chipotle’s restaurant operating margins shrank as it paid more for beef, avocados, paper and labor. View Original Article Associates Restaurants Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Media & Marketing

It’s TikTok Shop’s first Christmas, and shoppers are torn between hot deals and ethics

​ ​  ​[[“value”:”As consumers head into the holiday season, a new e-commerce platform has entered the playing field: TikTok Shop.”]]  View Original Article Consumers Holiday & Events Marketing: Social Media Shoppers TikTok CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks cafe in Mesa, Arizona, votes to unionize, dealing a blow to the coffee chain

It’s now the third company-owned Starbucks location to vote in support of unionizing and the first outside of the Buffalo, New York, area. View Original Article Dept. Beverage Store Location Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Channel: Grocery

Carl Icahn is expanding his animal-welfare campaign to Kroger, after first targeting McDonald’s

Carl Icahn is expanding his animal-welfare campaign to the nation’s largest supermarket chain, Kroger Co. View Original Article Kroger Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Holiday & Events

Spirit Halloween lives on, even when the holiday ends and stores close

​[[“value”:”Spirit Halloween locations may close after Halloween, but the business remains hard at work year-round.”]]  View Original Article Brick and Mortar Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Uncategorized

Jim Cramer’s Investing Club meeting Tuesday: Wells Fargo, trades, Emerson Electric

 The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Corporate Strategy

Starbucks CEO Howard Schultz calls new olive oil coffee drinks ‘transformational’

​   ​   [[“value”:”Starbucks CEO Howard Schultz said the new olive-oil coffee could disrupt the market.”]]  View Original Article Dept. Beverage Dept. Fuel Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Merchandising

Abercrombie & Fitch shares fall over 32% after retailer posts loss, offers weak outlook

Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year. View Original Article Pricing & Promotions Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Associates & Employees

Starbucks to cover employees’ travel expenses for abortions, gender-affirming surgeries

Starbucks said it will start covering eligible travel expenses for employees seeking abortions or gender-affirming procedures. View Original Article Restaurants Associates CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Trends & External Forces

Why we’re looking past the FTC lawsuit to a flurry of bullish developments at Amazon

​[[“value”:”A slate of positive headlines coming out of Amazon (AMZN) in recent days, makes clear the Club holding has a solid future ahead.”]]  View Original Article Government Predictions and Forecasts Amazon Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Technology & Innovation

Microsoft announces new multibillion-dollar investment in ChatGPT-maker OpenAI

KEY POINTS Microsoft on Monday announced a new multiyear, multibillion-dollar investment with ChatGPT-maker OpenAI. Microsoft declined to provide a specific dollar amount, but Semafor reported earlier this month that Microsoft was in talks to invest as much as $10 billion. The deal marks the third phase of the partnership between the two companies, following Microsoft’s previous investments in 2019 and […]
2 min read
0
5
  1. Corporate Strategy

North Face owner VF Corp. falls 10% after guidance cut, CEO steps down

VF Corporation on Monday lowered its revenue and earnings expectations for the second half of its fiscal year. View Original Article Executives Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
Next