 KOLHS
Stores
(Misspelling of KOHLS)
Kohl's Corporation (NYSE: KSS) is an American department store
chain headquartered in Menomonee Falls, Wisconsin, a suburb of
Milwaukee. The Company currently operates 834 stores in 46 states.
Kohl's mission, as stated in store
and online, is to be the leading value-oriented, family-focused,
specialty department store. Based on 2005 revenue, Kohl's is the
23rd-largest retailer in the United States.
The company entered the S&P 500 list in 1998 and is also listed in the
Fortune 500 (#152 in 2007).
KOLHS Expansion
A group of investors, including the senior management, purchased the
company in 1986, and the company added 27 more stores in the next two
years. In 1988, the chain acquired 26 locations from Chicago-based
MainStreet, gaining several stores in Chicago's suburbs, Minneapolis,
Minnesota and parts of Michigan. In 1992, the company went public and a
period of expansion began. Kohl's entered mid-Atlantic markets in 1997
(opening in many former locations of Clover, an offshoot of the
Strawbridge's corporation, brand department stores in the Philadelphia
region); Texas, Missouri and the North East in 1999; Georgia and the
Southeast in 2001; New England in 2002; California and the Southwest in
2003; and the Northwest in 2006.
The chain's expansion has mainly focused on the middle of the country;
however, they recently expanded into the Rochester and Buffalo markets
in Western New York. In April 2005, the company opened stores in Florida
and other Southern states.
Opening in January 2007 is Kohl's design office, to be located in the
heart of New York's Garment District. The 23,000-square-foot (2,100 mē)
facility, located at 1359 Broadway, is the company's first
product-design presence in the nation's fashion capital.
KOLHS offers brand name clothing, footwear,
bedding, furniture, fine jewelry, beauty products, and housewares. All
merchandise is 20 - 60% below regular department and specialty store
prices.
Source: Wikipedia - News Reports
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