Uncover The Ownership Behind Kohl's: A Comprehensive Guide

20 Jun 2024
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Ever wondered who owns Kohl's? The answer may surprise you! Kohl's is a department store chain owned by Kohl's Corporation.

Kohl's Corporation is a publicly traded company, meaning that its shares are owned by many different investors. The company was founded in 1962 by Maxwell Kohl and is headquartered in Menomonee Falls, Wisconsin.

Kohl's is one of the largest department store chains in the United States, with over 1,100 stores 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 clothing, home goods, and beauty products. The company also offers a variety of services, such as free shipping, easy returns, and personal shopping.

Kohl's is a department store chain owned by Kohl's Corporation. The company was founded in 1962 by Maxwell Kohl and is headquartered in Menomonee Falls, Wisconsin.

Key Aspects

Founder: Maxwell Kohl
Headquarters: Menomonee Falls, Wisconsin
Number of stores: Over 1,100
Number of employees: Over 100,000
Annual revenue: Over $19 billion
Products: Clothing, home goods, and beauty products

Kohl's is one of the largest department store chains in the United States. The company is known for its wide selection of merchandise and its commitment to customer service. Kohl's also offers a variety of services, such as free shipping, easy returns, and personal shopping.

Name	Maxwell Kohl
Born	1927
Died	2013
Occupation	Founder and CEO of Kohl's Corporation
Net worth	$2.5 billion

Founder

Maxwell Kohl was the founder and CEO of Kohl's Corporation, the parent company of Kohl's department stores. He was born in 1927 and died in 2013. Kohl started his career in retail at the age of 16, working at a local department store. In 1962, he founded Kohl's with a $50,000 loan from his father.

Kohl's first store was located in Brookfield, Wisconsin. The store was a success, and Kohl soon opened additional stores in the Milwaukee area. In the 1970s, Kohl's began to expand outside of Wisconsin, and by the 1990s, the company had become one of the largest department store chains in the United States.

Kohl was a visionary leader who was instrumental in the growth and success of Kohl's Corporation. He was known for his commitment to customer service and his dedication to his employees. Kohl was also a generous philanthropist, and he donated millions of dollars to charities and educational institutions.

Maxwell Kohl's legacy lives on through Kohl's Corporation, which continues to be one of the leading department store chains in the United States. Kohl's is a major employer and a significant contributor to the economy. The company is also known for its commitment to social responsibility and its support of local communities.

Headquarters

The location of Kohl's headquarters in Menomonee Falls, Wisconsin, is significant in several ways:

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 throughout the country.
Skilled workforce: The Milwaukee area has a large pool of skilled workers in the retail and logistics industries. This gives Kohl's access to a talented workforce to support its operations.
Low cost of doing business: Wisconsin has a relatively low cost of doing business, which helps Kohl's to keep its operating costs down.

Overall, the location of Kohl's headquarters in Menomonee Falls, Wisconsin, provides the company with a number of advantages that support its success.

Number of stores

The number of stores that a company owns is a key indicator of its size and success. In the case of Kohl's, the company's over 1,100 stores make it one of the largest department store chains in the United States.

Market penetration: The number of stores that a company owns is directly related to its market penetration. The more stores a company has, the more customers it can reach. Kohl's over 1,100 stores give it a wide reach across the United States, which helps it to attract a large number of customers.
Revenue generation: The number of stores that a company owns is also directly related to its revenue generation. The more stores a company has, the more opportunities it has to generate revenue. Kohl's over 1,100 stores generate a significant amount of revenue for the company, which allows it to invest in new stores, new products, and new initiatives.
Brand recognition: The number of stores that a company owns can also help to increase its brand recognition. The more stores a company has, the more visible its brand becomes. Kohl's over 1,100 stores help to make the company's brand one of the most recognizable in the United States.
Customer loyalty: The number of stores that a company owns can also help to increase customer loyalty. The more stores a company has, the easier it is for customers to find what they are looking for. Kohl's over 1,100 stores make it easy for customers to find the products they need, which helps to increase customer loyalty.

Overall, the number of stores that a company owns is a key indicator of its size, success, and financial performance. In the case of Kohl's, the company's over 1,100 stores make it one of the largest and most successful department store chains in the United States.

Number of employees

The number of employees that a company has is a key indicator of its size and success. In the case of Kohl's, the company's over 100,000 employees make it one of the largest department store chains in the United States.

Economic impact: A company with over 100,000 employees has a significant impact on the local economy. Kohl's over 100,000 employees generate billions of dollars in wages and benefits, which helps to support local businesses and communities.
Customer service: A company with over 100,000 employees is able to provide excellent customer service. Kohl's over 100,000 employees are dedicated to providing customers with a positive shopping experience, which helps to build customer loyalty.
Innovation: A company with over 100,000 employees has the resources to invest in innovation. Kohl's over 100,000 employees are constantly working to develop new products and services that meet the needs of customers.
Social responsibility: A company with over 100,000 employees has a responsibility to give back to the community. Kohl's over 100,000 employees are involved in a variety of charitable and volunteer activities, which helps to make a positive impact on the communities where they live and work.

Overall, the number of employees that a company has is a key indicator of its size, success, and commitment to its customers and communities. In the case of Kohl's, the company's over 100,000 employees are a valuable asset that helps the company to achieve its goals.

Annual revenue

The annual revenue of a company is a key indicator of its size and success. In the case of Kohl's, the company's annual revenue of over $19 billion makes it one of the largest department store chains in the United States.

There are several reasons why annual revenue is an important component of understanding "who owns Kohl's":

Financial strength: A company with high annual revenue is financially strong and stable. This means that it is able to invest in new stores, new products, and new initiatives. Kohl's annual revenue of over $19 billion gives the company the financial strength to continue to grow and expand.
Market share: A company with high annual revenue has a large market share. This means that it is able to reach a large number of customers. Kohl's annual revenue of over $19 billion gives the company a large market share in the department store industry.
Brand recognition: A company with high annual revenue has a strong brand. This means that it is well-known and respected by consumers. Kohl's annual revenue of over $19 billion helps to make the company's brand one of the most recognizable in the United States.

Overall, the annual revenue of a company is a key indicator of its size, success, and financial strength. In the case of Kohl's, the company's annual revenue of over $19 billion makes it one of the largest and most successful department store chains in the United States.

Products

The products that a company sells are a key indicator of its target market and its overall business strategy. In the case of Kohl's, the company's focus on clothing, home goods, and beauty products indicates that it is targeting a wide range of customers, from families to young adults to seniors.

Clothing: Kohl's offers a wide variety of clothing for men, women, and children. The company's clothing selection includes both casual and dressy items, as well as a variety of brands and styles. Kohl's also offers a variety of exclusive brands, such as Sonoma Goods for Life and Apt. 9.
Home goods: Kohl's offers a wide variety of home goods, including furniture, bedding, kitchenware, and dcor. The company's home goods selection includes both traditional and modern styles, as well as a variety of brands and price points. Kohl's also offers a variety of exclusive brands, such as Simply Vera Vera Wang and Lauren Conrad Home.
Beauty products: Kohl's offers a wide variety of beauty products, including makeup, skincare, hair care, and fragrances. The company's beauty products selection includes both drugstore and high-end brands, as well as a variety of exclusive brands, such as Orly and Bliss.

Overall, the products that Kohl's sells are a key indicator of the company's target market and its overall business strategy. The company's focus on clothing, home goods, and beauty products indicates that it is targeting a wide range of customers, from families to young adults to seniors.

FAQs about "Who Owns Kohl's"

This section provides answers to frequently asked questions about Kohl's ownership and related topics.

Question 1: Who owns 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: Is Kohl's a publicly traded company?

Yes, Kohl's Corporation is a publicly traded company, meaning that its shares are owned by many different investors.

Question 4: What is Kohl's annual revenue?

Kohl's annual revenue is over $19 billion.

Question 5: How many stores does Kohl's have?

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

Question 6: What types of products does Kohl's sell?

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

Summary of key takeaways or final thought: Kohl's is a publicly traded company with over 1,100 stores in 49 states. The company was founded in 1962 by Maxwell Kohl and has over 100,000 employees. Kohl's sells a wide range of products, including clothing, home goods, and beauty products.

Transition to the next article section: This concludes the FAQs about "Who Owns Kohl's." For more information about Kohl's, please visit the company's website.

Conclusion

In conclusion, Kohl's is a publicly traded company owned by Kohl's Corporation. The company was founded in 1962 by Maxwell Kohl and has over 1,100 stores in 49 states. Kohl's sells a wide range of products, including clothing, home goods, and beauty products. The company has over 100,000 employees and annual revenue of over $19 billion.

Kohl's is a major player in the retail industry and is committed to providing customers with a convenient and affordable shopping experience. The company is also committed to giving back to the communities it serves.

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