Quoted: Hart Posen, a professor of management and human resources at the University of Wisconsin-Madison, said while concerns of negative effects from a buyout aren’t unfounded, he sees it as a positive story in an industry that has had few positive stories in the past decade.
“This is all happening because Kohl’s is, of department store retailers, one of the best positioned department store retailers,” Posen said. “This is (a) department store that has real potential. Some folks think they can pull more out of it, which may or may not be true.”