Kohl’s Corp. is in negotiations with a potential buyer for the department store chain.
The retailer, based out of Menomonee Falls, says it has received final proposals from Francis Group, which owns brands like The Vitamin Shoppe and Pet Supplies Plus.
The Milwaukee Business Journal says a potential sale would be subject to approval by both companies’ board of directors.
Kohl’s says it doesn’t guarantee a transaction will come to fruition.