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Kohl's

Kohl's (stylized in all caps) is an American department store retail chain, operated by Kohl's Corporation. As of December 2021 it is the largest department store chain in the United States, with 1,165 locations, operating stores in every U.S. state except Hawaii. The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee, Wisconsin, in 1927.[4][5] It went on to become a successful chain in the local area, and in 1962 the company branched out by opening its first department store.[6] British American Tobacco Company took a controlling interest in the company in 1972 while still managed by the Kohl Family, and in 1979, the corporation was sold to BATUS Inc. A group of investors purchased the company in 1986 from British American Tobacco and took it public in 1992.

Kohl's Corporation
TypePublic
IndustryRetail
FoundedSeptember 12, 1962 (60 years ago) (1962-09-12) in Brookfield, Wisconsin, U.S.
FounderMaxwell Kohl
HeadquartersMenomonee Falls, Wisconsin, U.S.
Number of locations
1,165 (As of Jan. 29, 2022)[1]
Key people
Michelle Gass (CEO & Director)[2][3]
ProductsClothing, footwear, bedding, furniture, decor, jewelry, toys, appliances, beauty products, electronics, and housewares.
Revenue US$19.43 billion (2021)[1]
US$1.68 billion (2021)[1]
US$938 million (2021)[1]
Total assets US$15.05 billion (2021)[1]
Total equity US$4.66 billion (2021)[1]
Number of employees
~99,000 (2021)[1]
Websitekohls.com

Kohl's is headquartered in the Milwaukee suburb of Menomonee Falls, Wisconsin.[7] It became the largest department store chain in the United States in May 2012, surpassing its biggest competitor J. C. Penney.[8] The company is listed on both the S&P 400 and the Fortune 500.[9] In terms of revenue, the chain was the 23rd-largest retailer in the United States in 2019.[10] As of 2013, Kohl's was the second-largest U.S. department store company by retail sales.[11]

History

 
The exterior of a typical Kohl's department store in Beaverton, Oregon

Maxwell Kohl, who had operated traditional grocery stores since 1927, built his first supermarket in 1946, the first in what would become a southeastern Wisconsin chain known as Kohl's Food Stores.[12] In September 1962, after building Kohl's Food Stores into the largest supermarket chain in the Milwaukee area, Kohl opened his first department store in Brookfield, Wisconsin. He positioned Kohl's between the higher-end department stores and the discounters, selling everything from candy to engine oil to sporting equipment.

In 1972, the British American Tobacco Company's U.S. retail division, Batus Inc., bought a controlling interest in Kohl's Corporation, which at the time operated 50 grocery stores, six department stores, three drug stores, and three liquor stores.[13][14] The Kohl family, led by Allen Kohl and Herb Kohl, continued to manage the company. Herb Kohl left the management in 1979,[15] eventually becoming a United States senator and owner of the Milwaukee Bucks. The firm then expanded Kohl's presence from 10 to 39 stores in Wisconsin, Illinois and Indiana. The grocery stores were sold to A&P in 1983,[16][17] operating under the name Kohl's Food Store, and later Kohl's Food Emporium. In February 2003, A&P put the Kohl's Food Stores up for sale,[18] as part of an effort to reduce debt. That same year, A&P closed all Kohl's Food Stores locations and the Kohl family left remaining management.[19][20]

A group of investors, led by the senior management, purchased the company in 1986.[21] Building on the existing 40 department stores, the company added 27 more stores over the next two years. In 1988, the chain acquired 26 locations from the Chicago-based retailer MainStreet, gaining several stores in Chicago's suburbs, the Twin Cities, and Michigan.[22][23] Kohl's completed its initial public offering on May 19, 1992 and began trading on the New York Stock Exchange under the symbol KSS.[24][25]

During the 2000s, Kohl's expanded nationwide to 49 states. Building from 76 stores in the Midwest in 1992, Kohl's expanded into the New York metropolitan area in 2000 after Caldor was liquidated.[26] The chain later expanded into the Dallas-Fort Worth metroplex, California in 2003 with 28 new stores, the Pacific Northwest in 2006 with 10 new stores, and the Southeast with 43 new stores opening between 2005 and 2008.[27] To raise money to repurchase its stock and open new stores, Kohl's sold its credit card division in 2006 to J.P. Morgan Chase for $1.5 billion.[28] In 2011, Kohl's replaced Chase with Capital One as their private credit card processing partner for an undisclosed sum.[29] In 2016, Kohl's added the Capital One backed private label Kohl's Card to the Kohl's App to create Kohl's Pay - the first integrated mobile checkout solution for a retailer in US, combining Kohl's Card, Kohl's Cash, Kohl's Yes-2-You Rewards and Kohl's coupons into a single QR Code Payment, with technology powered by Omnyway, Inc (né OmnyPay),[30] a Silicon Valley startup.[31][32] That same year, Kohl's became the first retailer to include Kohl's Card and Kohl's Rewards in one tap payments with Apple Pay.[33][34]

Kohl's hired New York City advertising agency DeVito/Verdi in 2009 to strengthen the Kohl's brand via a series of national television, online, and social media campaigns.[35] The same year, Newsweek magazine ranked the company 18th overall and first in its industry in its "Green Rankings",[36] an examination of 500 of the largest corporations on their environmental track records. Newsweek remarked that Kohl's had the largest solar power program of any retailer globally, it pursues green building certification, and over 78 locations in six states have solar panels. Kohl's had also begun to sell reusable shopping bags the previous year.[37]

Kohl's was awarded $62.5 million in tax credits from the Wisconsin Economic Development Corporation in 2012. The retailer was to create 3,000 jobs with the funds, but only created 473.[38] In the same year, Kohl's requested financing from the village of Menomonee Falls, Wisconsin, to fund the construction of its new headquarters there. Kohl's received $2 million, the first of five installments that was to equal a total payout of $12 million, but ultimately backed out of the transaction.[39]

In 2015, the company opened the first test store of Off/Aisle, a chain built around selling like-new clothing, home goods, jewelry, and accessories that were purchased and returned at Kohl's stores. The stores sold items at discounted prices, and had a more restrictive return policy than typical Kohl's stores.[40] The Off/Aisle stores were ultimately closed in 2019.[41]

In early January 2017, Kohl's shares fell 19% in value, in what The Wall Street Journal said was "the stock's worst day on record," and noted that it was a noticeable exception to the overall declining volatility of the market.[42] The company ranked 157th on the 2018 Fortune 500, the annual list of the largest United States corporations, having earned revenues of $19.095 billion in 2017.[43] In that year, Kohl's entered into a partnership with Amazon, which included a program where select stores would accept Amazon returns; in 2019 it was expanded nationwide.[44] In 2018, Kohl's announced a pilot program to lease space to grocer Aldi and, the following year, to fitness center Planet Fitness, alongside up to 10 stores each.[45]

On March 16, 2022, it was announced that Hudson's Bay Company and Sycamore Partners were considering bids to buy Kohl's, which its shares jumped 17%.[46] On April 25, 2022, it was announced that Simon Property Group and Brookfield Asset Management, the owners of JCPenney, had set an offer to buy Kohl's.[47] In June 2022, the Franchise Group considered making a bid for the ownership of Kohl's which might result in the sale of the real estate that Kohl's owns to fund the acquisition by the Franchise Group.[48][49] Kohl's ultimately withdrew from the deal after Franchise Group lowered their bid for the company after finding out that Kohl's had downgraded its outlook for the second fiscal quarter for the company as a result of "softer consumer spending amid decades-high inflation".[50]

Brands and store layout

Kohl's store brands include diffusion lines from high-end designers such as Dana Buchman, Vera Wang,[51] Narciso Rodriguez,[52] and Peter Som.[53] Celebrities such as Avril Lavigne, Lauren Conrad, Daisy Fuentes, Paula DeAnda, Jennifer Lopez, Britney Spears, Marc Anthony, and Tony Hawk have sold branded clothing exclusively through Kohl's.[54]

Kohl's private brands generate nearly half of the firm's $19 billion in annual sales. These include in-house clothing brands such as American Beauty, Apt. 9, Croft & Barrow, Jumping Beans, So, Tek Gear, and Urban Pipeline. The Sonoma Goods for Life brand of apparel and home goods alone is worth over a billion dollars, and Kohl's announced relaunch plans for the brand in 2016.[55] Kohl's has also purchased the exclusive retail rights to existing brands such as Candie's and Mudd Jeans.

In 2021, Kohl's made a deal with makeup retailer Sephora, to have certain Kohl's locations have Sephora stores inside of the stores. This is a move to replace their in-house beauty selection.[56]

Kohl's uses a "racetrack" layout with a single aisle that circles the entire store, a layout borrowed from discount stores.[57]

References

  1. ^ a b c d e f g "KOHLS Corp 2021 Annual Report (Form 10-K)" (PDF). U.S. Securities and Exchange Commission. March 17, 2022.
  2. ^ "Kohl's Announces CEO Succession Plan: Kevin Mansell to Retire in May 2018, Michelle Gass Appointed CEO-elect". kohls.com.
  3. ^ "Leadership". corporate.kohls.com.
  4. ^ "Max Kohl". NNDB. Retrieved February 8, 2017.
  5. ^ "The Immigrant Learning Center » Kohl". Retrieved February 8, 2017.
  6. ^ "Kohl's 50th Anniversary Sale Round-up + Coupon & Kohl's Cash - AL.com". blog.al.com. September 12, 2012. Retrieved March 24, 2016.
  7. ^ Kohl's Corporation – Consensus Indicates Potential 45.0% Upside, Kohl's, 2021, retrieved October 14, 2021
  8. ^ . Kohl's. September 13, 2011. Archived from the original on July 24, 2018.
  9. ^ "Fortune 500 2012: Fortune 1000 Companies 101-200". CNN.
  10. ^ . National Retail Federation. Archived from the original on July 13, 2014.
  11. ^ "Top 100 Retailers". National Retail Federation. Retrieved July 12, 2014.
  12. ^ Daykin, Tom (June 13, 2002). . Milwaukee Journal Sentinel. Archived from the original on June 28, 2002.
  13. ^ Stafford, Roger A. (October 28, 1972). "Kohl Buyer Provides Backing for Growth". Milwaukee Sentinel. p. 6, Part 2 – via Google News.
  14. ^ "Control of Kohl Corp. Sold To British-American Unit". The Wall Street Journal. October 30, 1972. p. 15. ProQuest 133697361.
  15. ^ "Kohl Family to Drop Ties to the Kohl Unit Of BAT Industries Ltd". Wall Street Journal. May 2, 1979. p. 41. ProQuest 134433809.
  16. ^ "A. & P. to Acquire Kohl's From Batus". The New York Times. August 16, 1983.
  17. ^ "Batus Food unit acquired by A&P". WWD. Vol. 146, no. 63. September 29, 1983. p. 8. ProQuest 1445624941. A&P Wednesday finalized its purchase of Kohl Food Stores, Milwaukee-based division of Batus Retail Division.
  18. ^ "Local Kohl's Food Stores up for sale; Copps buys Madison stores". Milwaukee Business Journal. February 25, 2003.
  19. ^ Kohl's Q4 2013 FactBook. Kohl's. p. 6. Retrieved May 25, 2014.
  20. ^ "A&P to close area Kohl's Food Stores". Milwaukee Business Journal. June 13, 2003.
  21. ^ "Kohl's 'Driving Force' On the Road to Buyout". The New York Times. May 26, 1986.
  22. ^ "Campeau Sells Unit to Kohl's". The New York Times. October 29, 1988.
  23. ^ Randle, Wilma (February 22, 1989). "Kohl's to expand MainStreet". Chicago Tribune. Retrieved October 1, 2009.
  24. ^ . Kohl's. Archived from the original on May 25, 2014. Retrieved May 25, 2014.
  25. ^ "Kohl's Corporation Announces Initial Public Offering Of Common Stock". PR Newswire (Press release). May 19, 1992 – via The Free Library.
  26. ^ Vizard, Mary McAleer (March 28, 1999). "In the Region/Westchester; Caldor Closings Bring Newcomers, Including Kmart". The New York Times. ISSN 0362-4331. Retrieved January 20, 2023.
  27. ^ Kohl's Q4 2013 FactBook. Kohl's. May 24, 2014. p. 11.
  28. ^ "Kohl's Agrees to Sell Credit Card Business". The New York Times. March 7, 2006.
  29. ^ Douglas, Danielle (April 10, 2011). "Capital One wins deal to back Kohl's credit cards". The Washington Post.
  30. ^ "Payments News and Analysis | Payments Dive". www.paymentsdive.com.
  31. ^ https://corporate.kohls.com/content/dam/kohlscorp/pdfs/2016/Kohls%20Pay%20Launch%20News%20Release.Final.pdf[bare URL PDF]
  32. ^ "Kohl's rolls out its own mobile payments platform, Kohl's Pay". October 5, 2016.
  33. ^ "Kohl's integrates loyalty rewards with Apple Pay". Retail Dive.
  34. ^ "Kohl's Charge and Yes2You Rewards Now Easy as One Tap in Apple Pay". www.businesswire.com. May 4, 2016.
  35. ^ O'Leary, Noreen (November 28, 2012). "Kohl's Confirms Media Agency Review". Adweek. Retrieved June 26, 2016.
  36. ^ McGinn, Daniel (September 21, 2009). . Newsweek. Archived from the original on June 25, 2010. Retrieved July 21, 2010.
  37. ^ . Newsweek. Archived from the original on September 25, 2009. Retrieved July 21, 2010.
  38. ^ DeFour, Matthew (June 20, 2015). "WEDC made 27 awards totaling $124.4 million without proper review". Wisconsin State Journal. Retrieved June 23, 2015.
  39. ^ Daykin, Tom (November 21, 2013). "Kohl's drops plans for new headquarters building". Milwaukee Journal Sentinel. Retrieved June 23, 2015.
  40. ^ Romell, Rick (May 20, 2015). "Kohl's will test off-priced store for returned merchandise". Milwaukee Journal Sentinel.
  41. ^ "Kohl's to close its discount stores after 4 years in operation". www.msn.com. Retrieved June 12, 2019.
  42. ^ Kuriloff, Aaron (January 22, 2017). "How Often Does a Stock Fall 19% in One Day? Not Very Often". The Wall Street Journal. Retrieved January 23, 2017.
  43. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Retrieved November 21, 2018.
  44. ^ Thomas, Lauren (April 23, 2019). "Kohl's is going to accept Amazon returns in all of its stores across the country, starting in July". CNBC. Retrieved May 10, 2019.
  45. ^ Meyerson, Nathaniel (March 5, 2019). "Kohl's is shrinking stores and leasing out the extra space to Planet Fitness". CNN Business. CNN.
  46. ^ Thomas, Lauren (March 16, 2022). "Kohl's shares jump 17% after reports say Hudson's Bay, Sycamore are preparing bids". CNBC. Retrieved May 10, 2022.
  47. ^ Stein, Sanford. "Simon and Brookfield Pursue Kohl's to Join Rival J.C. Penney". Forbes. Retrieved May 11, 2022.
  48. ^ Thomas, Lauren (June 9, 2022). "Here's why Vitamin Shoppe's owner wants to buy Kohl's – and what could happen next". CNBC.
  49. ^ Lesk, Sari (June 8, 2022). "Real estate key factor as Kohl's, Franchise Group negotiate potential sale". Milwaukee Business Journal.
  50. ^ Thomas, Lauren (June 30, 2022). "Kohl's ends sale talks with Franchise Group, lowers outlook". CNBC.
  51. ^ "Vera Wang to design line just for Kohl's". USA Today. The Associated Press. August 24, 2006.
  52. ^ Wong, Jada. "Narciso Rodriguez Is Doing A Diffusion Line For Kohl's". Styleite.com. Archived from the original on April 22, 2014. Retrieved April 22, 2014.
  53. ^ Leibowitz, Laura (September 6, 2013). "Peter Som Kohl's Line Will Be The Next Fast-Fashion Collab To Get All Our Money". The Huffington Post.
  54. ^ "Not A Drill: Lauren Conrad Launched Her First Swim Collection". Retrieved September 28, 2017.
  55. ^ Wahba, Phil (March 10, 2016). "Kohl's Stakes its Turnaround on Relaunch of Top House Brand". Fortune. Retrieved March 31, 2017.
  56. ^ Denton, Jack. "Kohl's Stock Plunged After a Double-Downgrade. Blame Supply-Chain Issues". www.barrons.com. Retrieved October 25, 2021.
  57. ^ Epmeier, Bill (June 2, 2009). . Findarticles.com. Archived from the original on September 11, 2009. Retrieved October 9, 2009.

External links

  • Kohl's official website
  • Kohl's corporate website
  • Business data for Kohl's:
    • Google
    • SEC filings
    • Yahoo!

kohl, this, article, about, department, store, other, uses, kohl, stylized, caps, american, department, store, retail, chain, operated, corporation, december, 2021, update, largest, department, store, chain, united, states, with, locations, operating, stores, . This article is about the department store For other uses see Kohl Kohl s stylized in all caps is an American department store retail chain operated by Kohl s Corporation As of December 2021 update it is the largest department store chain in the United States with 1 165 locations operating stores in every U S state except Hawaii The company was founded by Polish immigrant Maxwell Kohl who opened a corner grocery store in Milwaukee Wisconsin in 1927 4 5 It went on to become a successful chain in the local area and in 1962 the company branched out by opening its first department store 6 British American Tobacco Company took a controlling interest in the company in 1972 while still managed by the Kohl Family and in 1979 the corporation was sold to BATUS Inc A group of investors purchased the company in 1986 from British American Tobacco and took it public in 1992 Kohl s CorporationTypePublicTraded asNYSE KSSS amp P 400 componentIndustryRetailFoundedSeptember 12 1962 60 years ago 1962 09 12 in Brookfield Wisconsin U S FounderMaxwell KohlHeadquartersMenomonee Falls Wisconsin U S Number of locations1 165 As of Jan 29 2022 1 Key peopleMichelle Gass CEO amp Director 2 3 ProductsClothing footwear bedding furniture decor jewelry toys appliances beauty products electronics and housewares RevenueUS 19 43 billion 2021 1 Operating incomeUS 1 68 billion 2021 1 Net incomeUS 938 million 2021 1 Total assetsUS 15 05 billion 2021 1 Total equityUS 4 66 billion 2021 1 Number of employees 99 000 2021 1 Websitekohls comKohl s is headquartered in the Milwaukee suburb of Menomonee Falls Wisconsin 7 It became the largest department store chain in the United States in May 2012 surpassing its biggest competitor J C Penney 8 The company is listed on both the S amp P 400 and the Fortune 500 9 In terms of revenue the chain was the 23rd largest retailer in the United States in 2019 10 As of 2013 Kohl s was the second largest U S department store company by retail sales 11 Contents 1 History 2 Brands and store layout 3 References 4 External linksHistory EditSee also Kohl s Food Stores The exterior of a typical Kohl s department store in Beaverton Oregon Maxwell Kohl who had operated traditional grocery stores since 1927 built his first supermarket in 1946 the first in what would become a southeastern Wisconsin chain known as Kohl s Food Stores 12 In September 1962 after building Kohl s Food Stores into the largest supermarket chain in the Milwaukee area Kohl opened his first department store in Brookfield Wisconsin He positioned Kohl s between the higher end department stores and the discounters selling everything from candy to engine oil to sporting equipment In 1972 the British American Tobacco Company s U S retail division Batus Inc bought a controlling interest in Kohl s Corporation which at the time operated 50 grocery stores six department stores three drug stores and three liquor stores 13 14 The Kohl family led by Allen Kohl and Herb Kohl continued to manage the company Herb Kohl left the management in 1979 15 eventually becoming a United States senator and owner of the Milwaukee Bucks The firm then expanded Kohl s presence from 10 to 39 stores in Wisconsin Illinois and Indiana The grocery stores were sold to A amp P in 1983 16 17 operating under the name Kohl s Food Store and later Kohl s Food Emporium In February 2003 A amp P put the Kohl s Food Stores up for sale 18 as part of an effort to reduce debt That same year A amp P closed all Kohl s Food Stores locations and the Kohl family left remaining management 19 20 A group of investors led by the senior management purchased the company in 1986 21 Building on the existing 40 department stores the company added 27 more stores over the next two years In 1988 the chain acquired 26 locations from the Chicago based retailer MainStreet gaining several stores in Chicago s suburbs the Twin Cities and Michigan 22 23 Kohl s completed its initial public offering on May 19 1992 and began trading on the New York Stock Exchange under the symbol KSS 24 25 During the 2000s Kohl s expanded nationwide to 49 states Building from 76 stores in the Midwest in 1992 Kohl s expanded into the New York metropolitan area in 2000 after Caldor was liquidated 26 The chain later expanded into the Dallas Fort Worth metroplex California in 2003 with 28 new stores the Pacific Northwest in 2006 with 10 new stores and the Southeast with 43 new stores opening between 2005 and 2008 27 To raise money to repurchase its stock and open new stores Kohl s sold its credit card division in 2006 to J P Morgan Chase for 1 5 billion 28 In 2011 Kohl s replaced Chase with Capital One as their private credit card processing partner for an undisclosed sum 29 In 2016 Kohl s added the Capital One backed private label Kohl s Card to the Kohl s App to create Kohl s Pay the first integrated mobile checkout solution for a retailer in US combining Kohl s Card Kohl s Cash Kohl s Yes 2 You Rewards and Kohl s coupons into a single QR Code Payment with technology powered by Omnyway Inc ne OmnyPay 30 a Silicon Valley startup 31 32 That same year Kohl s became the first retailer to include Kohl s Card and Kohl s Rewards in one tap payments with Apple Pay 33 34 Kohl s in Huntington Beach California formerly The Broadway Kohl s hired New York City advertising agency DeVito Verdi in 2009 to strengthen the Kohl s brand via a series of national television online and social media campaigns 35 The same year Newsweek magazine ranked the company 18th overall and first in its industry in its Green Rankings 36 an examination of 500 of the largest corporations on their environmental track records Newsweek remarked that Kohl s had the largest solar power program of any retailer globally it pursues green building certification and over 78 locations in six states have solar panels Kohl s had also begun to sell reusable shopping bags the previous year 37 Kohl s was awarded 62 5 million in tax credits from the Wisconsin Economic Development Corporation in 2012 The retailer was to create 3 000 jobs with the funds but only created 473 38 In the same year Kohl s requested financing from the village of Menomonee Falls Wisconsin to fund the construction of its new headquarters there Kohl s received 2 million the first of five installments that was to equal a total payout of 12 million but ultimately backed out of the transaction 39 In 2015 the company opened the first test store of Off Aisle a chain built around selling like new clothing home goods jewelry and accessories that were purchased and returned at Kohl s stores The stores sold items at discounted prices and had a more restrictive return policy than typical Kohl s stores 40 The Off Aisle stores were ultimately closed in 2019 41 In early January 2017 Kohl s shares fell 19 in value in what The Wall Street Journal said was the stock s worst day on record and noted that it was a noticeable exception to the overall declining volatility of the market 42 The company ranked 157th on the 2018 Fortune 500 the annual list of the largest United States corporations having earned revenues of 19 095 billion in 2017 43 In that year Kohl s entered into a partnership with Amazon which included a program where select stores would accept Amazon returns in 2019 it was expanded nationwide 44 In 2018 Kohl s announced a pilot program to lease space to grocer Aldi and the following year to fitness center Planet Fitness alongside up to 10 stores each 45 On March 16 2022 it was announced that Hudson s Bay Company and Sycamore Partners were considering bids to buy Kohl s which its shares jumped 17 46 On April 25 2022 it was announced that Simon Property Group and Brookfield Asset Management the owners of JCPenney had set an offer to buy Kohl s 47 In June 2022 the Franchise Group considered making a bid for the ownership of Kohl s which might result in the sale of the real estate that Kohl s owns to fund the acquisition by the Franchise Group 48 49 Kohl s ultimately withdrew from the deal after Franchise Group lowered their bid for the company after finding out that Kohl s had downgraded its outlook for the second fiscal quarter for the company as a result of softer consumer spending amid decades high inflation 50 Brands and store layout EditKohl s store brands include diffusion lines from high end designers such as Dana Buchman Vera Wang 51 Narciso Rodriguez 52 and Peter Som 53 Celebrities such as Avril Lavigne Lauren Conrad Daisy Fuentes Paula DeAnda Jennifer Lopez Britney Spears Marc Anthony and Tony Hawk have sold branded clothing exclusively through Kohl s 54 Kohl s private brands generate nearly half of the firm s 19 billion in annual sales These include in house clothing brands such as American Beauty Apt 9 Croft amp Barrow Jumping Beans So Tek Gear and Urban Pipeline The Sonoma Goods for Life brand of apparel and home goods alone is worth over a billion dollars and Kohl s announced relaunch plans for the brand in 2016 55 Kohl s has also purchased the exclusive retail rights to existing brands such as Candie s and Mudd Jeans In 2021 Kohl s made a deal with makeup retailer Sephora to have certain Kohl s locations have Sephora stores inside of the stores This is a move to replace their in house beauty selection 56 Kohl s uses a racetrack layout with a single aisle that circles the entire store a layout borrowed from discount stores 57 References Edit a b c d e f g KOHLS Corp 2021 Annual Report Form 10 K PDF U S Securities and Exchange Commission March 17 2022 Kohl s Announces CEO Succession Plan Kevin Mansell to Retire in May 2018 Michelle Gass Appointed CEO elect kohls com Leadership corporate kohls com Max Kohl NNDB Retrieved February 8 2017 The Immigrant Learning Center Kohl Retrieved February 8 2017 Kohl s 50th Anniversary Sale Round up Coupon amp Kohl s Cash AL com blog al com September 12 2012 Retrieved March 24 2016 Kohl s Corporation Consensus Indicates Potential 45 0 Upside Kohl s 2021 retrieved October 14 2021 Kohl s Corporation SEC 10K A Filing Kohl s September 13 2011 Archived from the original on July 24 2018 Fortune 500 2012 Fortune 1000 Companies 101 200 CNN Top 100 Retailers 2012 National Retail Federation Archived from the original on July 13 2014 Top 100 Retailers National Retail Federation Retrieved July 12 2014 Daykin Tom June 13 2002 1st Kohl s supermarket to be next Lena s Milwaukee Journal Sentinel Archived from the original on June 28 2002 Stafford Roger A October 28 1972 Kohl Buyer Provides Backing for Growth Milwaukee Sentinel p 6 Part 2 via Google News Control of Kohl Corp Sold To British American Unit The Wall Street Journal October 30 1972 p 15 ProQuest 133697361 Kohl Family to Drop Ties to the Kohl Unit Of BAT Industries Ltd Wall Street Journal May 2 1979 p 41 ProQuest 134433809 A amp P to Acquire Kohl s From Batus The New York Times August 16 1983 Batus Food unit acquired by A amp P WWD Vol 146 no 63 September 29 1983 p 8 ProQuest 1445624941 A amp P Wednesday finalized its purchase of Kohl Food Stores Milwaukee based division of Batus Retail Division Local Kohl s Food Stores up for sale Copps buys Madison stores Milwaukee Business Journal February 25 2003 Kohl s Q4 2013 FactBook Kohl s p 6 Retrieved May 25 2014 A amp P to close area Kohl s Food Stores Milwaukee Business Journal June 13 2003 Kohl s Driving Force On the Road to Buyout The New York Times May 26 1986 Campeau Sells Unit to Kohl s The New York Times October 29 1988 Randle Wilma February 22 1989 Kohl s to expand MainStreet Chicago Tribune Retrieved October 1 2009 Investor Relations FAQ Kohl s Archived from the original on May 25 2014 Retrieved May 25 2014 Kohl s Corporation Announces Initial Public Offering Of Common Stock PR Newswire Press release May 19 1992 via The Free Library Vizard Mary McAleer March 28 1999 In the Region Westchester Caldor Closings Bring Newcomers Including Kmart The New York Times ISSN 0362 4331 Retrieved January 20 2023 Kohl s Q4 2013 FactBook Kohl s May 24 2014 p 11 Kohl s Agrees to Sell Credit Card Business The New York Times March 7 2006 Douglas Danielle April 10 2011 Capital One wins deal to back Kohl s credit cards The Washington Post Payments News and Analysis Payments Dive www paymentsdive com https corporate kohls com content dam kohlscorp pdfs 2016 Kohls 20Pay 20Launch 20News 20Release Final pdf bare URL PDF Kohl s rolls out its own mobile payments platform Kohl s Pay October 5 2016 Kohl s integrates loyalty rewards with Apple Pay Retail Dive Kohl s Charge and Yes2You Rewards Now Easy as One Tap in Apple Pay www businesswire com May 4 2016 O Leary Noreen November 28 2012 Kohl s Confirms Media Agency Review Adweek Retrieved June 26 2016 McGinn Daniel September 21 2009 Greenest Big Companies in America The 2009 List Newsweek Archived from the original on June 25 2010 Retrieved July 21 2010 Green Ranking Kohl s Newsweek Archived from the original on September 25 2009 Retrieved July 21 2010 DeFour Matthew June 20 2015 WEDC made 27 awards totaling 124 4 million without proper review Wisconsin State Journal Retrieved June 23 2015 Daykin Tom November 21 2013 Kohl s drops plans for new headquarters building Milwaukee Journal Sentinel Retrieved June 23 2015 Romell Rick May 20 2015 Kohl s will test off priced store for returned merchandise Milwaukee Journal Sentinel Kohl s to close its discount stores after 4 years in operation www msn com Retrieved June 12 2019 Kuriloff Aaron January 22 2017 How Often Does a Stock Fall 19 in One Day Not Very Often The Wall Street Journal Retrieved January 23 2017 Fortune 500 Companies 2018 Who Made the List Fortune Retrieved November 21 2018 Thomas Lauren April 23 2019 Kohl s is going to accept Amazon returns in all of its stores across the country starting in July CNBC Retrieved May 10 2019 Meyerson Nathaniel March 5 2019 Kohl s is shrinking stores and leasing out the extra space to Planet Fitness CNN Business CNN Thomas Lauren March 16 2022 Kohl s shares jump 17 after reports say Hudson s Bay Sycamore are preparing bids CNBC Retrieved May 10 2022 Stein Sanford Simon and Brookfield Pursue Kohl s to Join Rival J C Penney Forbes Retrieved May 11 2022 Thomas Lauren June 9 2022 Here s why Vitamin Shoppe s owner wants to buy Kohl s and what could happen next CNBC Lesk Sari June 8 2022 Real estate key factor as Kohl s Franchise Group negotiate potential sale Milwaukee Business Journal Thomas Lauren June 30 2022 Kohl s ends sale talks with Franchise Group lowers outlook CNBC Vera Wang to design line just for Kohl s USA Today The Associated Press August 24 2006 Wong Jada Narciso Rodriguez Is Doing A Diffusion Line For Kohl s Styleite com Archived from the original on April 22 2014 Retrieved April 22 2014 Leibowitz Laura September 6 2013 Peter Som Kohl s Line Will Be The Next Fast Fashion Collab To Get All Our Money The Huffington Post Not A Drill Lauren Conrad Launched Her First Swim Collection Retrieved September 28 2017 Wahba Phil March 10 2016 Kohl s Stakes its Turnaround on Relaunch of Top House Brand Fortune Retrieved March 31 2017 Denton Jack Kohl s Stock Plunged After a Double Downgrade Blame Supply Chain Issues www barrons com Retrieved October 25 2021 Epmeier Bill June 2 2009 A racetrack would it work for supermarkets Store Equipment amp Design Find Articles at BNET Findarticles com Archived from the original on September 11 2009 Retrieved October 9 2009 External links EditKohl s official website Kohl s corporate website Business data for Kohl s GoogleSEC filingsYahoo Retrieved from https en wikipedia org w index php title Kohl 27s amp oldid 1134747251, wikipedia, wiki, book, books, library,

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