Kohl's

National chain of department stores.

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Headquarters:
N56 W17000 Ridgewood Drive
Menomonee Falls, WI 53051
Employees: 126,000
CEO: Kevin Mansell
Stock Symbol: KSS

Website: http://www.kohls.com

Career Site

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. The company ended 2008 with 1,004 stores in 48 states, compared with 929 stores in 47 states at the same time last year.

In 2008, Kohl's opened 75 stores. In fiscal 2009, the Company expects to open approximately 55 stores and remodel 51 stores.

For fiscal 2008, Kohl's reported revenues of $16.38 billion and net income of $885 million.

Kevin Mansell, Kohl's president and CEO, said, "We expect 2009 to be just as challenging from a macro-economic perspective. We are planning conservatively in our sales expectations, inventory levels and expenses. We will be very competitive in order to gain market share in this environment. We will continue to invest prudently in stores, both new and remodeled, technology and talent to ensure our profitable growth in the long run."

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 is purchased by a group of investors in 1986 led by Kohl's senior management. The company opens its 40th store.

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
- Vision plan, providing discounts on frames, lenses and contacts
- Immediate life insurance
- Short-term and long-term disability
- 401(k) savings plan, plus a corporate match
- Immediate merchandise discount at all our stores
- Paid vacation, which you begin accruing the first month you work
- Employee stock ownership plan
- Medical flex plan

Employees at corporate offices receive the additonal benefits below:

- Dry-cleaning service
- In-house restaurant, "The Lodge," serving a daily choice of breakfast and lunch entrees, plus a deli bar, dessert buffet and other snacktime necessities
- Kohl's Cuisine Take-Out every Wednesday night
- "The Learning Lodge," our on-site child development center
- Discounted health club membership

Updated March 2, 2009