University of Pennsylvania gets endowment for retail research from former Kohl’s exec

The University of Pennsylvania on Thursday announced a $15 million gift from Patty and Jay H. Baker to permanently endow the Jay H. Baker Retailing Center. a retail industry research center at the university’s Wharton SchoolJay Baker, 56, is a member of the Wharton Board of Overseers and retired president and director of Kohl’s Corp.