Content about Kohl's

May 16, 2013
Kohl’s Q1 profit falls 5% but beats Street

Kohl's Corp. reported a 5% drop in first-quarter profit on weak sales fell due to unseasonably cold weather in large parts of the United States.

Menomonee Falls, Wis. -- Kohl's Corp. reported a 5% drop in first-quarter profit on weak sales fell due to unseasonably cold weather in large parts of the United States.

Kohl's net income fell to $147 million in the quarter ended May 4, down from $154 million a year earlier.

Sales fell 1% to $4.2 billion. Comparable-store sales fell 1.9%.

May 7, 2013
Wrap-up coverage of Chain Store Age's 49th annual SPECS

Store Development and Facilities

Store development and facilities professionals from some of the nation's biggest retail and restaurant chains gathered in Dallas to attend Chain Store Age's 49th annual SPECS Conference, at the Hilton Anatole Hotel. The event attracted professionals involved in the design, planning, and construction of stores and restaurants, along with those in facilities management.

April 29, 2013
Kohl’s opens West Coast IT office

Kohl’s Corp. said that it has opened a new IT office in Silicon Valley.

Menomonee Falls, Wis. -- Kohl’s Corp. said Monday that it has opened a new IT office in Silicon Valley. The 52,000-sq.-ft. office space in Milpitas, Calif., will be an extension of the IT team at the company’s Menomonee Falls, Wis., corporate office and will initially employ 30-plus Kohl’s associates with the potential to accommodate future growth, said the retailer.

April 23, 2013
Kohl’s details sustainability progress
Kohl’s Department Stores released its 2012 corporate social responsibility report, providing updates on the company’s programs and accomplishments in sustainability, community relations and social compliance.

Menomonee Falls, Wis. -- Kohl’s Department Stores released its 2012 corporate social responsibility report, providing updates on the company’s programs and accomplishments in sustainability, community relations and social compliance. The company noted that, as of the end of fiscal 2012, it has achieved 752 Energy Star-certified locations, adding 75 stores in 2012 with a goal to reach 800 certified locations by 2015.

In other sustainability highlights, at the end of fiscal 2012:

March 28, 2013
Harris Poll: Kohl’s, Target and Walgreens among brands of the year

Kohl’s, Target, and Walgreens were named “Brand of the Year” in their respective categories in the 2013 Harris Poll EquiTrend survey.

New York -- Kohl’s, Target, and Walgreens were named “Brand of the Year” in their respective categories in the 2013 Harris Poll EquiTrend survey.

The annual study, conducted by Harris Interactive, reveals the brands that Americans rank highest in brand equity. Surveying more than 38,000 American consumers, it measures the level of quality, familiarity, and purchase consideration for each brand, and then awards "Brand of the Year" status to the top-ranked brand from each category.

March 26, 2013
Kohl’s receives EPA’s highest Energy Star award

Kohl’s Department Stores will be recognized by the U.S. Environmental Protection Agency as a recipient of the 2013 Energy Star Partner of the Year – Sustained Excellence Award for the company’s continued leadership in protecting the environment through superior energy efficiency initiatives.

Menomonee Falls, Wis. -- Kohl’s Department Stores will be recognized by the U.S. Environmental Protection Agency as a recipient of the 2013 Energy Star Partner of the Year – Sustained Excellence Award for the company’s continued leadership in protecting the environment through superior energy efficiency initiatives.

March 6, 2013
Kohl’s opens nine stores on Wednesday, 30 remodels on tap

Kohl’s reported the simultaneous grand openings of nine new stores in seven states, bringing the retailer’s total store count to 1,155.

Menomonee Falls, Wis. -- Kohl’s reported Wednesday the simultaneous grand openings of nine new stores in seven states, bringing the retailer’s total store count to 1,155.

Stores open Wednesday in Decatur, Ala., Danville, Ill., Ames, Iowa, Cedar Rapids, Iowa, Minot, N.D., Sherwood, Ore., Hermitage, Pa., Spring Township, Pa. and Denton, Texas.

“As Kohl’s continues to grow, investing in our stores remains a priority,” said Kevin Mansell, president and CEO.

March 6, 2013
Study: Nordstrom is nation’s favorite fashion retailer; Dick’s tops for sports apparel

Nordstrom is the nation’s favorite fashion retail chain, according to an annual consumer study conducted by customer intelligence solutions provider Market Force Information.

Boulder, Col. -- Nordstrom is the nation’s favorite fashion retail chain, according to an annual consumer study conducted by customer intelligence solutions provider Market Force Information. The upscale department store edged out Kohl’s, which had ranked first in the three previous studies. This year, Kohl’s moved to the No. 2 spot overall, followed by Macy’s, Dillard’s and J.C. Penney.
 

February 28, 2013
Kohl’s Q4 profit falls less than expected, but forecast misses

Kohl's Corp. reported a lower fourth quarter profit, hurt by markdowns during the holiday season.

Menomonee Falls, Wis. -- Kohl's Corp. reported a lower fourth quarter profit on Thursday, hurt by markdowns during the holiday season. The loss was lower than Wall Street had expected. The retailer also forecast full-year earnings that fell short of analysts’ forecasts.
 
Kohl's said its net income fell to $378 million for the quarter ended Feb.2, from $455 million a year earlier. (The retail calendar for fiscal January 2013 included a fifth week, resulting in a 14-week fiscal fourth quarter and a 53-week year.)

January 30, 2013
Kohl’s and Whole Food Market to open at Southwind Plaza

Boston-based The Wilder Cos. said that, as part of its major remerchandising of Southwind Plaza shopping center in Hyannis, Mass., Kohl’s and Whole Foods Market will be opening new stores at the Cape Cod property.

Hyannis, Mass. -- Boston-based The Wilder Cos. said Tuesday that, as part of its major remerchandising of Southwind Plaza shopping center in Hyannis, Mass., Kohl’s and Whole Foods Market will be opening new stores at the Cape Cod property.

Kohl’s will begin construction of a nearly 55,000-sq.-ft. space in February with an opening planned for early October.  

Also joining the center with its first Cape location is Whole Foods Market, which will open a 26,000-sq.-ft. store in early 2014.
     

January 23, 2013
Kohl's to deploy integrated solutions from Oracle Retail

Kohl’s Department Stores has selected Oracle Retail Merchandising, Planning and Supply Chain solutions to seamlessly integrate core retail operations across the company’s 1,146 stores nationwide.

Redwood Shores, Calif. -- Kohl’s Department Stores has selected Oracle Retail Merchandising, Planning and Supply Chain solutions to seamlessly integrate core retail operations across the company’s 1,146 stores nationwide. The solutions will provide Kohl’s with an integrated, scalable retail suite of applications to streamline merchandising and planning while enabling its multi-channel growth strategy.

January 22, 2013
Kohl’s donates $2 million to Discovery World

Kohl’s Corp. announced a $2 million donation to Discovery World in Milwaukee, over three years to continue support for Kohl’s Design It!, an educational program allowing kids to use advanced technology to turn design into reality.

Menomonee Falls, Wis. -- Kohl’s Corp. announced a $2 million donation to Discovery World in Milwaukee, over three years to continue support for Kohl’s Design It!, an educational program allowing kids to use advanced technology to turn design into reality. The donation comes from the Kohl’s Cares cause merchandise program which sells special merchandise, including plush toys and books, and donates 100% of the net profit to benefit children’s health and education initiatives nationwide.

January 18, 2013
Shopko appoints president

Shopko announced that Jill Soltau has been promoted to the position of president and CMO.

Green Bay, Wis. -- Shopko announced that Jill Soltau has been promoted to the position of president and CMO.

Soltau joined Shopko in 2007 as SVP and GMM apparel and accessories. In 2009, she was promoted to EVP and CMO. Prior to joining Shopko, Soltau held several senior level positions in merchandising, planning and private brand at Sears and Kohl's department stores.

January 3, 2013
Macy’s and Nordstrom top estimates in December; Kohl’s misses

As cash-strapped consumers curtailed holiday spending, department store retailers felt the pinch and some performed better than others in an uncertain environment.

New York -- As cash-strapped consumers curtailed holiday spending, department store retailers felt the pinch and some performed better than others in an uncertain environment. The strongest performances were turned in by Macy’s and Nordstrom, both topping estimates.

Overall, analysts looked for 3.3% same-store sales growth for December across 17 chains, down from 4.2% growth in December 2011, according to Thomson Reuters.
     

December 18, 2012
Kohl’s activates its largest solar project at e-commerce facility

Kohl’s Department Stores announced activation of the company’s largest solar project at its 1 million-sq.-ft. e-commerce fulfillment center in Edgewood, Md.

Menomonee Falls, Wis. -- Kohl’s Department Stores on Tuesday announced activation of the company’s largest solar project at its 1 million-sq.-ft. e-commerce fulfillment center in Edgewood, Md.

The center opened in 2011 and recently earned LEED (Leadership in Energy and Environmental Design) certification from the U.S. Green Building Council at the gold level. The location is Kohl’s sixth solar site in Maryland. It is also the company’s first LEED-certified logistics facility.

November 8, 2012
Kohl’s profit inches up 2%; expects higher holiday sales

Kohl's Corp. on Thursday reported stronger-than-expected third quarter profit of $215 million, up from $211 million in the year-ago quarter.

Menomonee Falls, Wis. -- Kohl's Corp. on Thursday reported stronger-than-expected third quarter profit of $215 million, up from $211 million in the year-ago quarter. But the chain gave a profit forecast that missed Wall Street's expectations.

Sales increased 2.6% to $4.49 billion from $4.38 billion in the year-ago period. Same-store sales rose 1.1%.

October 5, 2012
Kohl's opens at Killingly Plaza

Brixmor Property Group announced that Kohl’s has opened a new store at Killingly Plaza, located in Killingly, Conn.

Killingly, Conn. -- Brixmor Property Group announced that Kohl’s has opened a new store at Killingly Plaza, located in Killingly, Conn.

Kohl’s will take 55,068 renovated sq. ft. of the 66,000-sq.-ft. center, which was previously home to Stop & Shop and a Blockbuster video store.

Brixmor, based in New York City, is the owner of Killingly Plaza.

 

October 4, 2012
Mixed bag for apparel retailers and department stores in September

Apparel retailers and department stores reported monthly revenue results for September that were mixed, as Gap Inc. and Limited Brands posted gains that beat Wall Street estimates, while Macy's and Kohl’s missed expectations.

New York -- Apparel retailers and department stores reported monthly revenue results for September that were mixed, as Gap Inc. and Limited Brands posted gains that beat Wall Street estimates, while Macy's and Kohl’s missed expectations.

However, many analysts said spending was fairly strong for the month.

September 26, 2012
Kohl’s Department Stores, multiple locations

Kohl’s Department Stores opened 12 new stores nationwide in September, all featuring the chain’s updated store design.

Kohl’s Department Stores opened 12 new stores nationwide in September, all featuring the chain’s updated store design. Eleven of the stores are smaller format locations, with some 64,000 sq. ft. or less of retail space.

The stores are designed to offer customers a comfortable and inviting shopping environment, with Wi-Fi throughout, updated checkouts and upgraded fitting rooms. Other features include innovative fixtures in cosmetics, expanded, upfront customer service area, in-store Kohl’s Kiosks and electronic signs in all departments.

September 26, 2012
Kohl’s opens 12 stores, with nine built to LEED Gold standards

Kohl’s Department Stores announced the grand opening of 12 stores, creating approximately 1,500 jobs nationwide.

Menomonee Falls, Wis. -- Kohl’s Department Stores announced the grand opening of 12 stores, creating approximately 1,500 jobs nationwide. The company now operates 1,146 stores in 49 states.

The company is celebrating the grand opening of 12 stores in 10 states, including Connecticut, Georgia, Iowa, Kansas, Maryland, Massachusetts, North Carolina, South Carolina, Virginia and Washington. Of the 12 new locations, 11 are small format stores with approximately 64,000 sq. ft. or less of retail space.

September 24, 2012
Kohl’s announces partnership with designer Derek Lam

Kohl’s Department Stores has entered into a partnership with Derek Lam, who will be the second designer for the retailer’s DesigNation limited-edition collection.

Menomonee Falls, Wis. -- Kohl’s Department Stores has entered into a partnership with Derek Lam, who will be the second designer for the retailer’s DesigNation limited-edition collection. The retailer said the upcoming collection will draw creative influence from the designer’s recent trip to Rio de Janeiro, Brazil.

September 24, 2012
Kohl’s receives EPA Sustained Excellence in Green Power Award

Kohl’s Department Stores has been recognized with a 2012 Sustained Excellence in Green Power Award from the U.S. Environmental Protection Agency.

Menomonee Falls, Wis. -- Kohl’s Department Stores has been recognized with a 2012 Sustained Excellence in Green Power Award from the U.S. Environmental Protection Agency. This is the company’s sixth consecutive year receiving a Green Power Leadership Award.

Kohl’s purchased 1.5 billion kilowatt-hours (kWh) of green power in 2012 and generates more than 28 million kWh through its solar program, offsetting more than 100% of the company’s electricity use for the third consecutive year.

September 18, 2012
Kohl’s to ramp up holiday hiring by 10%

Kohl’s Corp. said it plans to hire more than 52,700 associates this holiday season, about a 10% increase over last year’s holiday hiring numbers.

Menomonee Falls, Wis. -- Kohl’s Corp. said Tuesday it plans to hire more than 52,700 associates this holiday season, about a 10% increase over last year’s holiday hiring numbers.

Kohl’s said it anticipates hiring an average of 41 associates per store, a 4% increase over 2011, as well as 5,700 seasonal DC positions and more than 30 seasonal credit operations positions.

Hiring began this month, and most jobs will be filled by mid-November, said the retailer.

 

September 5, 2012
Kohl’s expands electrical vehicle charging station program to 18 more stores

Kohl’s Department Stores will expand its electric vehicle charging station initiative with 36 new stations across 18 additional Kohl’s locations by the end of fall 2012.

Menomonee Falls, Wis. -- Kohl’s Department Stores will expand its electric vehicle charging station initiative with 36 new stations across 18 additional Kohl’s locations by the end of fall 2012.

August 30, 2012
Costco, Target, Kohl's and TJX beat estimates

Discounters reported strong-than-expected sales for August, fueled by back-to-school shopping, promotions and cooler weather in the Northeast.

New York -- Discounters reported strong-than-expected sales for August, fueled by back-to-school shopping, promotions and cooler weather in the Northeast.

Costco Wholesale Corp.'s same-store sales in August rose 6%, beating the 4.5% rise analysts had projected.

Target Corp. reported a 4.2% increase in same-store sales, better than the 3.1% increase that analysts had expected.