|
Go To |
Headquarters:
Website: http://www.kohls.com Kohl's operates a national chain of department stores featuring brand-name items including clothing, shoes, bedding, luggage and small appliances. Kohl's emphasizes national brands at discount prices. Some stores are located in malls, but most are free-standing locations. Over the past several years, Kohl's has opened many new stores and has expanded into the Northeast and California. Kohl's ended the year with 1,058 stores in 49 states, including 56 which were successfully opened in 2009. The Company completed 51 store remodels, compared to 36 stores last year. In fiscal 2010, the Company expects to open approximately 30 stores and remodel 85 stores. For fiscal 2009, Kohl's reported revenues of $17.18 billion, up from $16.38 billion, and net income of $991 million. Kevin Mansell, Kohl's chairman, president and chief executive officer, said, "We are pleased that we were able to gain market share in a difficult environment, achieving both total and comparable store sales increases for the year. We improved our merchandise margins significantly through strong inventory management and successful private and exclusive brand strategies. Expenses were well managed while improving the store experience for our customers. I am very proud of our 130,000 associates and the role they played in these results and want to thank them for their hard work, loyalty and dedication in delivering on our promise to " expect great things" from Kohl's." Approximately 1,500 people work at Kohl's corporate headquarters. The company has nine distribution centers located in Menomonee Falls, WI; Winchester, VA; Findlay, OH; Blue Springs, MO; Corsicana, TX; Mamakating, NY; San Bernardino, CA; Monroe, OH; and Macon, GA. History Max Kohl built his first supermarket store in 1946 and would become a chain in Wisconsin known as Kohl's Food Stores. In 1962, he started his first department store in Brookfield, WI, also called Kohl's Department Stores. In 1978, The Kohl's Corporation becomes
wholly owned by the BATUS Retail Group, a subsidiary of British-American
Tobacco Company. While owned by BATUS, Kohl's expands from 10
to 39 stores throughout Wisconsin, Illinois and Indiana. Kohl's went public in 1992. Herb Kohl helped manage the Kohl stores and is currently a U.S. Senator from Wisconsin and owner of the Milwaukee Bucks NBA team. Benefits Below are benefits for salaried employees: - Comprehensive medical and dental coverage Employees at corporate offices receive the additonal benefits below: - Dry-cleaning service Updated February 25, 2010 |