Kohl's

National chain of department stores.

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Headquarters:
N56 W17000 Ridgewood Drive
Menomonee Falls, WI 53051
Employees: 129,000
CEO: Michelle Gass
Stock Symbol: KSS

Website: http://www.kohls.com

Career Site

Kohl's operates a national chain of department stores with 1,162 stores in 49 states featuring brand-name items including clothing, shoes, bedding, luggage and small appliances. The company also operates 12 FILA outlet stores. Kohl's emphasizes national brands at discount prices.

Kohl's sells merchandise for national brands and under its own brands including Apt. 9, Croft & Barrow, SONOMA Goods for Life, Simply Vera Vera Wang, LC Lauren Conrad, Jumping Beans, and more.

About 67% of Kohl's stores are located in strip malls. 80% of Americans live within 15 miles of a Kohl's store.

For fiscal 2020, Kohl's reported revenues of $15.9 billion, down 20.1% from the previoius year as retail stores were hurt by the pandemic. Net loss for 2020 was $163 million. Digital sales accounted for 40% of total sales.

Women's clothing sales made up 25% of revenues, home goods sales 23% of revenues, and men's clothing made up 18% of total revenues. Children's sales were 14% of revenues and accessories 11%. Footwear made up 9% of revenues.

The company has 9 retail distribution centers.

During 2020, Kohl's employed an average of approximately 110,000 employees, which were made up of 36,000 full-time employees and 74,000 part-time. None of the employees are unionized.

Kohl's partnered with Sephora to open stores within select Kohl's stores around the country.

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 was a U.S. U.S. Senator from Wisconsin and owner of the Milwaukee Bucks NBA team.

Kohl's inked a deal with Amazon to accept returns from the e-commerce giant at all of its retail stores in 2019.

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 100% corporate match up to 5% of pay
- 15% merchandise discount at 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 September 15, 2021