Franchise Group,Holding Company that owns The Vitamin Shoppe, was the entity negotiating the acquisition of Kohl's.If the acquisition had gone through it would almost certainly have meant Kohl's death
Kohl's has seen the mistake in his own way and will live to fight another day, at least for now. Kohl's president Peter Bonparth announced that the deal with the franchise group would not go ahead.
"Kohl's should continue to innovate with new partnerships and offerings and look forward to a more strategic, value-based proposition that will help them drive long-term growth," Kinsella said.