Who Owns Kohl's Department Store: Unveiling The Ownership Structure

Posted on 24 Aug 2024

Who Owns Kohl's Department Store? Kohl's is an American department store chain owned by Kohl's Corporation.

Kohl's Corporation is a publicly traded company headquartered in Menomonee Falls, Wisconsin. The company was founded in 1962 by Maxwell Kohl and has grown to become one of the largest department store chains in the United States.

Kohl's stores offer a wide range of merchandise, including clothing, shoes, accessories, home goods, and beauty products. The company also has a strong online presence and offers a variety of omnichannel services, such as buy online, pick up in store and ship to store.

Kohl's is known for its affordable prices and its Kohl's Cash rewards program. The company also frequently runs sales and promotions, which makes it a popular destination for shoppers.

Who Owns Kohl's Department Store?

Kohl's is an American department store chain owned by Kohl's Corporation, a publicly traded company headquartered in Menomonee Falls, Wisconsin.

Founder: Maxwell Kohl
Headquarters: Menomonee Falls, Wisconsin
Number of stores: Over 1,100
Revenue: Over $19 billion
Employees: Over 100,000
Mission statement: "To be the leading family-focused, value-oriented omnichannel retailer in the United States."

Kohl's is known for its affordable prices and its Kohl's Cash rewards program. The company also frequently runs sales and promotions, which makes it a popular destination for shoppers.

In addition to its brick-and-mortar stores, Kohl's also has a strong online presence. The company offers a variety of omnichannel services, such as buy online, pick up in store and ship to store. This allows customers to shop however they want, whenever they want.

Kohl's is a major player in the retail industry. The company is committed to providing its customers with a convenient and affordable shopping experience.

Founder

Maxwell Kohl was the founder of Kohl's Department Store. He opened the first Kohl's store in Milwaukee, Wisconsin, in 1962. Kohl was a visionary leader who had a passion for retail. He believed that everyone should have access to affordable, high-quality merchandise. Under Kohl's leadership, the company grew rapidly and became one of the largest department store chains in the United States.

Kohl's commitment to customer service: Maxwell Kohl was committed to providing excellent customer service. He believed that customers should be treated with respect and that their needs should be met. This commitment to customer service is still a core value of Kohl's today.
Kohl's focus on value: Maxwell Kohl believed that everyone should have access to affordable, high-quality merchandise. This focus on value is still a core part of Kohl's business model today.
Kohl's commitment to innovation: Maxwell Kohl was always looking for new and innovative ways to improve the shopping experience for his customers. This commitment to innovation is still a driving force behind Kohl's today.
Kohl's commitment to community: Maxwell Kohl was a strong believer in giving back to the community. He supported a variety of charitable organizations and was always looking for ways to make a difference in the lives of others. This commitment to community is still a core value of Kohl's today.

Maxwell Kohl's legacy lives on at Kohl's Department Store. The company remains committed to the values that he instilled in it: customer service, value, innovation, and community. These values are what make Kohl's a great place to shop and a great place to work.

Headquarters

The fact that Kohl's headquarters is located in Menomonee Falls, Wisconsin is significant because it indicates that the company is deeply rooted in the community. Kohl's has been headquartered in Menomonee Falls since its founding in 1962, and the company has played a major role in the development of the community. Kohl's is one of the largest employers in Menomonee Falls, and the company has been a major supporter of local schools, businesses, and organizations.

Kohl's commitment to Menomonee Falls is evident in the company's decision to build its new corporate headquarters in the city. The new headquarters is a state-of-the-art facility that will provide Kohl's with the space it needs to grow and continue to serve its customers. The new headquarters is also a symbol of Kohl's commitment to Menomonee Falls and the surrounding community.

The fact that Kohl's is headquartered in Menomonee Falls is also significant because it gives the company a unique perspective on the retail industry. Menomonee Falls is a small town with a strong sense of community. This gives Kohl's a firsthand understanding of the needs of its customers and the challenges that they face. Kohl's is able to use this understanding to develop products and services that meet the needs of its customers.

Number of stores

The fact that Kohl's has over 1,100 stores is a significant indicator of the company's success. A large number of stores means that Kohl's is able to reach a wide range of customers and offer them a convenient shopping experience. Kohl's stores are located in all 50 states, as well as Puerto Rico and Guam. This gives Kohl's a national presence and allows the company to compete with other major department store chains.

The large number of Kohl's stores also gives the company a competitive advantage in terms of pricing. Kohl's is able to negotiate lower prices with its suppliers because it can order in bulk. This allows Kohl's to pass on the savings to its customers in the form of lower prices.

In addition, the large number of Kohl's stores gives the company a strong presence in the communities it serves. Kohl's stores are often anchors in shopping malls and shopping centers. This gives Kohl's a high level of visibility and makes it a convenient destination for shoppers.

Overall, the fact that Kohl's has over 1,100 stores is a significant indicator of the company's success. The large number of stores gives Kohl's a national presence, a competitive advantage in terms of pricing, and a strong presence in the communities it serves.

Revenue

Kohl's is a publicly traded company, which means that it is owned by its shareholders. The company's revenue is generated from the sale of merchandise in its stores and online. In 2022, Kohl's had revenue of over $19 billion. This revenue is used to pay for the company's operating expenses, such as employee salaries, rent, and utilities. The remaining revenue is used to pay dividends to shareholders and to reinvest in the business.

The fact that Kohl's has over $19 billion in revenue is a significant indicator of the company's success. It shows that the company is able to generate a lot of sales and that it is profitable. This revenue allows Kohl's to invest in new stores, new products, and new technology. It also allows the company to pay dividends to shareholders and to reinvest in the business.

The revenue that Kohl's generates is also important to the communities in which the company operates. Kohl's is a major employer in many communities, and the company's revenue helps to support local businesses and organizations. Kohl's also supports a variety of charitable organizations through its Kohl's Cares program.

Overall, the fact that Kohl's has over $19 billion in revenue is a significant indicator of the company's success. It shows that the company is able to generate a lot of sales and that it is profitable. This revenue allows Kohl's to invest in new stores, new products, and new technology. It also allows the company to pay dividends to shareholders and to reinvest in the business.

Employees

The fact that Kohl's has over 100,000 employees is a significant indicator of the company's size and scale. A large number of employees means that Kohl's is able to operate a large number of stores and offer a wide range of products and services to its customers.

Customer service: Kohl's large number of employees allows the company to provide excellent customer service. Kohl's employees are known for being friendly and helpful, and they are always willing to go the extra mile to help customers find what they are looking for.
Product selection: Kohl's large number of employees allows the company to offer a wide range of products and services to its customers. Kohl's stores carry everything from clothing and shoes to home goods and beauty products. This wide selection of products makes Kohl's a one-stop shop for many customers.
Store locations: Kohl's large number of employees allows the company to operate a large number of stores. Kohl's stores are located in all 50 states, as well as Puerto Rico and Guam. This wide distribution of stores makes Kohl's convenient for customers to shop at.
Community involvement: Kohl's large number of employees allows the company to be involved in the communities it serves. Kohl's employees volunteer their time to support a variety of charitable organizations. Kohl's also supports a variety of educational programs and initiatives.

Overall, the fact that Kohl's has over 100,000 employees is a significant indicator of the company's size and scale. This large number of employees allows Kohl's to provide excellent customer service, offer a wide range of products and services, operate a large number of stores, and be involved in the communities it serves.

Mission statement

Kohl's mission statement reflects the company's commitment to providing its customers with a convenient and affordable shopping experience. The company's focus on family and value is evident in its product selection, pricing, and marketing campaigns. Kohl's also offers a variety of omnichannel services, such as buy online, pick up in store and ship to store, which make it easy for customers to shop however they want, whenever they want.

Family focus: Kohl's is committed to providing products and services that meet the needs of families. The company offers a wide range of clothing, shoes, and accessories for men, women, and children. Kohl's also has a strong focus on home goods, including furniture, bedding, and kitchenware.
Value orientation: Kohl's is committed to providing its customers with affordable prices. The company offers a variety of sales and promotions throughout the year, and it also has a loyalty program that rewards customers for their repeat business.
Omnichannel focus: Kohl's is committed to providing its customers with a convenient shopping experience. The company offers a variety of omnichannel services, such as buy online, pick up in store and ship to store. Kohl's also has a strong mobile presence, and it offers a variety of mobile apps that make it easy for customers to shop on the go.

Kohl's mission statement is a reflection of the company's values and priorities. The company is committed to providing its customers with a convenient, affordable, and family-friendly shopping experience.

FAQs about Kohl's Department Store

This section provides answers to frequently asked questions about Kohl's Department Store, offering valuable information about the company's ownership, history, and services.

Question 1: Who owns Kohl's Department Store?

Kohl's Department Store is owned by Kohl's Corporation, a publicly traded company headquartered in Menomonee Falls, Wisconsin.

Question 2: When was Kohl's Department Store founded?

Kohl's Department Store was founded in 1962 by Maxwell Kohl.

Question 3: How many Kohl's Department Stores are there?

There are over 1,100 Kohl's Department Stores located throughout the United States, including Puerto Rico and Guam.

Question 4: What types of products does Kohl's Department Store sell?

Kohl's Department Store sells a wide range of products, including clothing, shoes, accessories, home goods, and beauty products.

Question 5: What is Kohl's Department Store's return policy?

Kohl's Department Store has a generous return policy that allows customers to return most items within 180 days of purchase.

Question 6: What are Kohl's Cash and Kohl's Rewards?

Kohl's Cash is a type of store credit that customers can earn by making purchases at Kohl's Department Store. Kohl's Rewards is a loyalty program that offers members exclusive discounts, coupons, and other benefits.

Kohl's Department Store is a leading retailer that offers a wide range of products and services to its customers. The company is committed to providing its customers with a convenient and affordable shopping experience.

For more information about Kohl's Department Store, please visit the company's website.

Conclusion

Kohl's Department Store is a leading retailer in the United States, with over 1,100 stores and annual revenue of over $19 billion. The company is publicly traded and owned by Kohl's Corporation, which is headquartered in Menomonee Falls, Wisconsin. Kohl's is known for its affordable prices, its wide range of products, and its convenient omnichannel shopping experience.

Kohl's was founded in 1962 by Maxwell Kohl, and it has grown steadily over the years to become one of the largest department store chains in the country. The company is committed to providing its customers with a convenient and affordable shopping experience, and it offers a variety of products and services to meet the needs of families.

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