Ultimate Guide To Uncovering The Ownership Behind Kohl's

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Who is the owner of Kohl's? 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 operated its first store in Brookfield, Wisconsin.

Kohl's is the largest department store chain in the United States by number of stores, with over 1,100 locations in 49 states. The company employs over 100,000 people and generates over $19 billion in annual revenue.

Kohl's is known for its wide selection of merchandise, including apparel, home goods, and accessories. The company also offers a variety of services, such as personal shopping, gift registry, and alterations.

Who Owns Kohl's

Kohl's is an American department store chain owned by Kohl's Corporation. The company was founded in 1962 by Maxwell Kohl and operated its first store in Brookfield, Wisconsin.

  • Founder: Maxwell Kohl
  • Headquarters: Menomonee Falls, Wisconsin
  • Number of stores: Over 1,100
  • Revenue: Over $19 billion
  • Employees: Over 100,000
  • Products: Apparel, home goods, and accessories

Kohl's is the largest department store chain in the United States by number of stores. The company is known for its wide selection of merchandise and its competitive prices. Kohl's also offers a variety of services, such as personal shopping, gift registry, and alterations.

Founder

Maxwell Kohl founded Kohl's in 1962 and served as its chairman and CEO until his death in 2013. Under Kohl's leadership, the company grew from a single store in Wisconsin to a nationwide chain with over 1,100 stores.

  • Kohl's is a family-owned business. Maxwell Kohl's son, Michael Kohl, is the current chairman and CEO of the company. Kohl's other son, William Kohl, is the company's vice chairman.
  • Kohl's is committed to giving back to the communities it serves. The company has a long history of supporting local schools, charities, and other organizations.
  • Kohl's is a major employer in the United States. The company employs over 100,000 people and is one of the largest retailers in the country.
  • Kohl's is a publicly traded company. The company's stock is traded on the New York Stock Exchange under the symbol KSS.

Maxwell Kohl was a visionary leader who helped to build Kohl's into one of the most successful retailers in the United States. His legacy continues to shape the company today.

Headquarters

Kohl's is headquartered in Menomonee Falls, Wisconsin. This location is significant for several reasons.

  • Proximity to major markets: Menomonee Falls is located in the Milwaukee metropolitan area, which is a major retail market. This gives Kohl's easy access to a large customer base.
  • Transportation hub: Menomonee Falls is located near several major highways and airports, which makes it easy for Kohl's to distribute its products to stores across the country.
  • Skilled workforce: Menomonee Falls is home to a skilled workforce with experience in retail and logistics. This gives Kohl's access to a pool of qualified employees.
  • Low cost of living: The cost of living in Menomonee Falls is relatively low compared to other major metropolitan areas. This helps Kohl's to keep its operating costs down.

Kohl's decision to locate its headquarters in Menomonee Falls has been a major factor in the company's success. The location provides Kohl's with a number of advantages, including proximity to major markets, access to a skilled workforce, and low operating costs.

Number of stores

Kohl's is the largest department store chain in the United States by number of stores. This gives the company a number of advantages, including:

Greater market reach: With over 1,100 stores in 49 states, Kohl's has a greater market reach than any other department store chain. This allows the company to reach a wider range of customers and generate more sales.Increased brand recognition: The large number of Kohl's stores helps to increase the company's brand recognition. This makes it more likely that customers will think of Kohl's when they are looking for a place to shop.Economies of scale: The large number of stores allows Kohl's to achieve economies of scale in its operations. This means that the company can purchase goods and services at a lower cost than smaller retailers.Greater bargaining power: The large number of stores gives Kohl's greater bargaining power with suppliers. This allows the company to negotiate lower prices for the goods and services it purchases.

The large number of stores is a major factor in Kohl's success. It gives the company a number of advantages that help it to compete with other retailers.

Revenue

Kohl's revenue is a key indicator of the company's financial health and success. In 2022, Kohl's generated over $19 billion in revenue. This revenue is generated through the sale of merchandise and services at Kohl's stores and online. The company's revenue is used to cover its operating costs, including the cost of goods sold, salaries and wages, and rent. Kohl's also uses its revenue to invest in new stores, new products, and new technologies.

The revenue that Kohl's generates is essential to the company's ability to operate and grow. Without sufficient revenue, Kohl's would not be able to cover its costs or invest in its future. The company's revenue is also important to its shareholders, as it is used to pay dividends and fund stock buybacks.

Employees

Kohl's is a major employer in the United States, with over 100,000 employees. This large workforce is essential to the company's success, as it allows Kohl's to operate its stores, warehouses, and distribution centers efficiently. The company's employees are also responsible for providing excellent customer service and helping to create a positive shopping experience for customers.

  • Customer service: Kohl's employees are known for their friendly and helpful customer service. This is important for the company, as it helps to build customer loyalty and drive sales.
  • Store operations: Kohl's employees are responsible for a variety of tasks in the store, including stocking shelves, ringing up customers, and providing customer service. These tasks are essential for the smooth operation of the store.
  • Warehouse and distribution: Kohl's employees work in warehouses and distribution centers to receive, store, and ship merchandise. These tasks are essential for ensuring that Kohl's stores have the products they need to sell.
  • Corporate support: Kohl's employees also work in corporate support roles, such as finance, marketing, and human resources. These roles are essential for the overall operation of the company.

The large number of employees is a key factor in Kohl's success. The company's employees are dedicated to providing excellent customer service and helping to create a positive shopping experience for customers.

Products

The products that Kohl's sells are a key part of the company's success. Kohl's offers a wide variety of apparel, home goods, and accessories that appeal to a broad range of customers. The company's product mix is carefully curated to meet the needs of its target market, which includes families, young adults, and seniors. Kohl's also offers a variety of exclusive brands that are only available at Kohl's stores.

The products that Kohl's sells are an important part of the company's brand identity. Kohl's is known for its affordable prices and its commitment to quality. The company's products are designed to be stylish and functional, and they are made from high-quality materials. Kohl's also offers a variety of services to complement its products, such as personal shopping, gift registry, and alterations.

The connection between the products that Kohl's sells and the company's success is clear. Kohl's offers a wide variety of high-quality products at affordable prices. This has helped the company to attract a loyal customer base and generate strong sales.

FAQs about Kohl's Ownership

Here are some frequently asked questions about who owns Kohl's and related topics:

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

Kohl's is owned by Kohl's Corporation, a publicly traded company.

Question 2: Who founded Kohl's?

Kohl's was founded by Maxwell Kohl in 1962.

Question 3: Where is Kohl's headquarters located?

Kohl's headquarters is located in Menomonee Falls, Wisconsin.

Question 4: How many stores does Kohl's have?

Kohl's has over 1,100 stores in 49 states.

Question 5: What products does Kohl's sell?

Kohl's sells a wide variety of products, including apparel, home goods, and accessories.

Question 6: Is Kohl's a publicly traded company?

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

Summary: Kohl's is a major American department store chain with over 1,100 stores in 49 states. The company is owned by Kohl's Corporation, a publicly traded company. Kohl's was founded in 1962 by Maxwell Kohl and is headquartered in Menomonee Falls, Wisconsin.

Next Article Section: History of Kohl's

Conclusion

Kohl's is a major American department store chain with over 1,100 stores in 49 states. The company is owned by Kohl's Corporation, a publicly traded company. Kohl's was founded in 1962 by Maxwell Kohl and is headquartered in Menomonee Falls, Wisconsin.

Kohl's success is due in part to its wide variety of products, its affordable prices, and its commitment to customer service. The company has a strong brand identity and a loyal customer base. Kohl's is well-positioned to continue its success in the years to come.

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