Who Really Owns Kohl's Department Store? - A Comprehensive Guide

rainbow8 11 Jun 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 listed on the New York Stock Exchange under the ticker symbol KSS. The company is headquartered in Menomonee Falls, Wisconsin.

Kohl's was founded in 1962 by Maxwell Kohl in Milwaukee, Wisconsin. The company's first store was a 3,000-square-foot (280 m2) store in a strip mall. Today, Kohl's operates over 1,100 stores in 49 states.

Kohl's is a leading retailer of apparel, footwear, accessories, and home goods. The company's target market is families with children. Kohl's offers a wide range of products at affordable prices.

Kohl's has a strong commitment to customer service. The company offers a number of programs to make shopping at Kohl's easy and convenient. These programs include Kohl's Rewards, which allows customers to earn points on every purchase, and Kohl's Cares, which provides support to local communities.

Key aspects of who owns Kohl's department store

There are several key aspects to consider when discussing who owns Kohl's department store:

The company's history
The company's financial performance
The company's management team
The company's competitive landscape

The company's history

Kohl's was founded in 1962 by Maxwell Kohl. The company's first store was a 3,000-square-foot (280 m2) store in a strip mall in Milwaukee, Wisconsin. Kohl's grew rapidly in the 1970s and 1980s, and by the early 1990s, it had become one of the largest department store chains in the United States.

The company's financial performance

Kohl's is a publicly traded company listed on the New York Stock Exchange under the ticker symbol KSS. The company's financial performance has been mixed in recent years. In 2019, Kohl's reported a net income of $467 million on revenue of $19.1 billion. However, in 2020, the company's net income fell to $185 million on revenue of $15.9 billion due to the COVID-19 pandemic.

The company's management team

Kohl's is led by a team of experienced executives. The company's CEO is Michelle Gass, who joined Kohl's in 2018. Gass previously served as the CEO of Starbucks.

The company's competitive landscape

Kohl's operates in a competitive landscape that includes other department store chains such as Macy's, JCPenney, and Dillard's. Kohl's also competes with discount retailers such as Walmart and Target.

FAQs about who owns Kohl's department store

This section provides answers to some of the most frequently asked questions about who owns Kohl's department store.

Question 1: Who is the CEO of Kohl's?

Michelle Gass is the CEO of Kohl's. She joined the company in 2018.

Question 2: Is Kohl's a publicly traded company?

Yes, Kohl's is a publicly traded company listed on the New York Stock Exchange under the ticker symbol KSS.

Question 3: What is Kohl's target market?

Kohl's target market is families with children. The company offers a wide range of products at affordable prices.

Question 4: What are some of Kohl's key competitors?

Kohl's key competitors include other department store chains such as Macy's, JCPenney, and Dillard's, as well as discount retailers such as Walmart and Target.

These are just a few of the most frequently asked questions about who owns Kohl's department store. For more information, please visit the company's website.

Conclusion

Kohl's is a leading department store chain in the United States. The company has a strong commitment to customer service and offers a wide range of products at affordable prices. Kohl's is owned by Kohl's Corporation, a publicly traded company listed on the New York Stock Exchange under the ticker symbol KSS.

Kohl's faces a number of challenges in the current retail environment, including competition from online retailers and discount stores. However, the company has a number of strengths, including its strong brand recognition, its loyal customer base, and its commitment to innovation. Kohl's is well-positioned to continue to be a leading retailer in the years to come.

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