Kohl’s Considers Going Private

In an effort to revive business, Kohl’s (Menomonee Falls, Wisc.) is considering selling the company to a private-equity firm or breaking it up, reports The Wall Street Journal. The options are still considered preliminary, and the board is expected to discuss many of these options later this week.

These discussions come as the company’s business has not been performing as well as in the past. While the company is still profitable, its $9-billion market value at the end of 2015 was about half of what was expected of its annual sales for the fiscal year. Shares are down 40 percent from its high last spring.

The company is also considering a number of other options to improve business, such as adding more national brands, opening Off/Aisle stores to sell discounted merchandise and growing its beauty, shoe and accessories departments.