The post-proxy war landscape for Kohl’s is starting to take shape as the embattled retailer laid out plans to act on its Investor Day strategies, while Reuters gleaned anonymous insights on downturns from potential buyers. The outlet reported that bidders are now dropping their offers in the 10% to 15% range on Kohl’s stock dropping over 40% this month amidst inflation and lower consumer spending. The sources named Sycamore Partners and Franchise Group as falling in the camp, and said Acacia Research is currently rethinking its plans. The sources did not provide comment on Hudson’s Bay Co., which had turned ... Log in to view full article.