Retail

The franchisee: Nick Stauff

The Franchise: Encinitas, California-based Phenix Salon Suites allows salon and beauty professionals to operate their own business in a...

Franchise Group says it would use Kohl’s real estate assets to finance purchase of the company

If Menomonee Falls-based Kohl's Corp. agrees to be sold to Franchise Group Inc., Delaware, Ohio-based Franchise Group says it would fund the estimated $8 billion purchase of Kohl's with $1 billion from increasing the size of its secured debt facilities and the rest of the financing would be "provided on the basis of the real estate assets of Kohl's Corp.," according to a statement from the company.

Kohl’s enters into exclusive sale negotiations with Franchise Group

Menomonee Falls-based Kohl’s Corp. announced Monday that its board has entered into exclusive negotiations to be sold to Virginia Beach, Virginia-based Franchise Group, Inc.
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