Dive Summary:

• Kohl’s Corp is in the midst of a mild top-to-bottom company makeover, Barron’s and Reuters report.
• The initiative could boost stock values by more than 20% for the department store chain and help improve revenues once in place.
• On Friday, public shares for the company closed at $54.74, down slightly by 0.3%. Shares could reach the mid to high $60 range once the redesign efforts are completed.

Dive Insight:

Among the changes for Kohl’s is a total merchandise overhaul, a new executive role filled by a former Starbuck’s executive and the adoption of shareholder-friendly policies. Kohl’s currently operates more than 1,100 locations across 49 U.S. states.