Why was kohls removed from s&p 500?
The department store giant’s 10-Q filing on Sept. 3 also detailed the rising strain on the business, which today counts over $3.4 billion of long-term debt, up from $1.8 billion a year ago. Why did Kohl’s go bust? The results follow bankruptcy filings by peers J. Crew, Neiman Marcus and JCPenney on the back of …