shares of kohl’s were rising in premarket trading monday after a report said an activist investor has urged the department store chain to sell the company or consider a spinoff of its ecommerce business the wall street journal reported that engine capital a new yorkbased hedge fund that owns a stake of about 1 in the retailer wants kohl’s ticker kss to examine the two alternatives to improve its lagging stock price the journal’s report was based off a letter it viewed that was sent to kohl’s from the hedge fund