Activist pushes Kohl’s to consider selling online biz, says report

People shop in Kohl’s department store in the middle of the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images An activist is reportedly pushing Kohl’s to consider either a sale or a spin-off of his online business, following a similar move by department store … Read more

Nordstrom (JWN) Q3 2021 earnings miss, sales hit

A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images On Tuesday, Nordstrom reported earnings that did not live up to analysts’ expectations, as labor costs eroded profits and sales, and the Nordstrom Rack business struggled to return to pre-pandemic levels. The news sent its firm rollover … Read more