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Will Kohl’s Get Eaten Alive in 2013?

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Kohl’s Corp., the Wisconsin-based department store, is beset with rumors that private equity firms may be eyeing it for a takeover.

The company’s stock is up today but has been dropping since January and was rated Underperform since the company reported disappointing Q4 results amid heavy discounting.

Bloomberg says that the firm is a likely takeover target because it has a strong core business and extensive real estate holdings. They also have strategic partnerships with Vera Wang, J. Lo, and others. The company has one of the strongest customer loyalty ratings, according to MediaPost Communications.

If they are taken over, it might mean store closures, real estate liquidation, or more, depending on the goal of the private equity firm. Private equity usually only tackles companies that are considered undervalued however, so the overtures should help wake the market up that Kohl’s is stronger than it seems.

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Keywords: Kohl’s, takeover, Q4, underperform, department store, Vera Wang, J. Lo, discounting

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