Viral claims that Kohl’s owns $11 billion in real estate were used to justify speculative buying.

The claim that Kohl's owns $11 billion in real estate is not supported by available evidence. Reports indicate that Kohl's real estate is valued between $7 billion and $8 billion, with a $2 billion bid from Oak Street Real Estate Capital for a portion of it CNBC. This discrepancy suggests that the $11 billion figure is likely exaggerated or speculative, and the claim may have been used to influence speculative buying without a factual basis Retail Dive.