Retail
Employees take over majority ownership of Van Horn Automotive Group
Van Horn Automotive Group employees now own a 77% majority stake in the Plymouth-based company.
Kohl’s has engaged with 20 potential buyers since January
Under pressure to sell, Kohl's Corp. has been in talks with roughly 20 potential buyers in recent months, according to its preliminary proxy statement filed Monday afternoon.Â
Kohl’s blew past annual incentive targets, pushing CEO pay close to $13 million
Kohl’s chief executive officer Michelle Gass received a 3% increase in her base salary and her total compensation climbed to more than $12.9 million in 2021 as the company surpassed annual incentive targets set by its board.
Kohl’s announces plans to open 100 small-format stores, grow Sephora business to $2 billion
Kohl's Corp. on Monday updated investors on its long-term turnaround strategy and introduced several growth initiatives, including plans to open 100 new store locations in the next four years.
Macellum “remains skeptical” of Kohl’s outlook following company’s 2021 earnings report
In response to the report of Kohl's fiscal 2021 results and ahead of its annual investor day next week, activist investor Macellum Capital Management is voicing criticism about the retailer's current turnaround strategy.Â
The Collective Workspace and Marketplace coming to Bayshore
A new area dedicated to local entrepreneurs is coming to Bayshore in Glendale.
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Under investor pressure, Kohl’s earnings fell 13% in Q4 amid industry headwinds
Supply chain delays, rising freight costs and the COVID-19 omicron variant made for a slower-than-expected fourth quarter for Kohl's Corp., but the Menomonee Falls-based retailer continues to tout its growth strategy and efforts to boost shareholder value.Â
Infocus: Urban SlopesÂ
In the midst of selling his Greendale-based manufacturing company The Kinetic Co. Inc., Jared Masters stumbled upon an Instagram...
Harley-Davidson Museum to revamp retail offerings, ‘Experience Gallery’ exhibit
The Harley-Davidson Museum on Tuesday announced some additional upgrades to its campus in Milwaukee's Menomonee Valley.
Program at Mayfair Mall will help support local, minority-owned businesses
Mayfair Mall is one of 30 retail centers across the country that is now taking part in the Partner to Empower program.