Unraveling The Ownership Of Kohl's Corporation

Bulletin 09 Jun 2024

Wondering who owns Kohl's Corporation? The answer may surprise you!

Kohl's Corporation is an American department store chain owned by Kohl's Corporation, which is a publicly traded company. The company was founded in 1962 by Max Kohl and is headquartered in Menomonee Falls, Wisconsin.

Kohl's is the largest department store chain in the United States by revenue, with over 1,100 stores in 49 states. The company sells a variety of merchandise, including clothing, footwear, accessories, home goods, and beauty products.

Kohl's has been a publicly traded company since 1992. The company's stock is traded on the New York Stock Exchange under the symbol "KSS."

Who Owns Kohl's Corporation?

Kohl's Corporation is one of the largest department store chains in the United States. It was founded in 1962 by Max Kohl and is headquartered in Menomonee Falls, Wisconsin.

Founder: Max Kohl
Headquarters: Menomonee Falls, Wisconsin
Number of stores: Over 1,100
Revenue: Over $19 billion
Stock symbol: KSS

Kohl's Corporation is a publicly traded company, meaning that its stock is owned by many different investors. The largest shareholder is Kohlberg Kravis Roberts & Co., which owns about 10% of the company's shares. Other major shareholders include Vanguard Group, BlackRock, and State Street Global Advisors.

Founder

The connection between "Founder: Max Kohl" and "who owns Kohl's Corporation" is significant because Max Kohl founded the company in 1962 and served as its chairman and CEO until 1982. During his tenure, he oversaw the company's growth from a single store to a chain of over 100 stores.

Kohl's early success: Under Max Kohl's leadership, Kohl's quickly became a successful retailer, known for its affordable prices and wide selection of merchandise. Kohl's also pioneered the use of private-label brands, which helped the company to keep costs low and offer even lower prices to its customers.
Kohl's national expansion: In the 1970s and 1980s, Kohl's began to expand rapidly outside of its home state of Wisconsin. By the early 1990s, Kohl's had become a national retailer with stores in over 40 states.
Kohl's legacy: Max Kohl's legacy lives on at Kohl's Corporation. The company's commitment to customer service, value, and community involvement are all values that were instilled by Max Kohl himself.

In conclusion, Max Kohl's role as the founder of Kohl's Corporation is significant because he laid the foundation for the company's success. His vision and leadership helped to create one of the largest and most successful department store chains in the United States.

Headquarters

Kohl's Corporation is headquartered in Menomonee Falls, Wisconsin. This is significant because the location of a company's headquarters can have a major impact on its operations and ownership structure.

Here are some of the reasons why the location of Kohl's headquarters is important:

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 infrastructure: Menomonee Falls is located near major highways and airports, which makes it easy for Kohl's to distribute its products to stores across the country.
Tax benefits: Wisconsin has a favorable tax climate for businesses, which can save Kohl's money on taxes.
Quality of life: Menomonee Falls is a desirable place to live, which makes it easier for Kohl's to attract and retain employees.

In conclusion, the location of Kohl's headquarters in Menomonee Falls, Wisconsin is significant because it provides the company with a number of advantages, including proximity to major markets, access to transportation infrastructure, tax benefits, and a high quality of life for employees.

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 Corporation, the company's large number of stores is a major factor in its overall success.

Market reach: The number of stores that a company owns determines its market reach. Kohl's has over 1,100 stores in 49 states, which gives it a wide reach across the United States. This allows Kohl's to reach a large number of customers and generate more sales.
Brand recognition: The number of stores that a company owns also affects its brand recognition. Kohl's has a high level of brand recognition due to its large number of stores. This makes it easier for Kohl's to attract new customers and retain existing customers.
Economies of scale: The number of stores that a company owns can also lead to economies of scale. Kohl's is able to purchase products in bulk and negotiate better prices with suppliers due to its large number of stores. This allows Kohl's to keep its costs low and offer competitive prices to its customers.
Customer convenience: The number of stores that a company owns can also affect customer convenience. Kohl's has a large number of stores located in convenient locations, which makes it easy for customers to shop at Kohl's. This convenience is a major factor in Kohl's success.

In conclusion, the number of stores that Kohl's Corporation owns is a major factor in the company's success. The large number of stores gives Kohl's a wide market reach, high brand recognition, economies of scale, and customer convenience.

Revenue

The revenue that a company generates is a key indicator of its financial health and success. In the case of Kohl's Corporation, the company's revenue is a major factor in its overall success.

Sales growth: Kohl's revenue has grown steadily over the past several years. This growth has been driven by a number of factors, including the company's expansion into new markets, its focus on private-label brands, and its commitment to customer service.
Profitability: Kohl's is a profitable company. The company's profit margin has been relatively stable in recent years. This profitability has allowed Kohl's to invest in new stores, new products, and new technologies.
Financial strength: Kohl's has a strong financial position. The company has a low level of debt and a high level of cash on hand. This financial strength gives Kohl's the flexibility to weather economic downturns and invest in new growth opportunities.
Shareholder value: Kohl's revenue growth and profitability have led to strong shareholder returns. The company's stock price has outperformed the S&P 500 index in recent years. This has made Kohl's a popular investment for many investors.

In conclusion, Kohl's revenue is a major factor in the company's success. The company's revenue growth, profitability, financial strength, and shareholder value are all indicators of the company's overall health and success.

Stock symbol

The connection between "Stock symbol: KSS" and "who owns Kohl's Corporation" is significant because the stock symbol is a unique identifier for the company's stock on the New York Stock Exchange. This allows investors to easily identify and trade Kohl's stock.

Trading and liquidity: The stock symbol makes it easy for investors to buy and sell Kohl's stock. This liquidity is important for investors because it allows them to easily adjust their positions in the company.
Company identification: The stock symbol is a unique identifier for Kohl's Corporation. This allows investors to easily identify the company's stock and track its performance.
Investment opportunities: The stock symbol allows investors to invest in Kohl's Corporation. This gives investors the opportunity to share in the company's success and potentially earn a return on their investment.
Company performance: The stock symbol can be used to track the performance of Kohl's Corporation. Investors can use the stock symbol to track the company's stock price and other financial metrics.

In conclusion, the connection between "Stock symbol: KSS" and "who owns Kohl's Corporation" is significant because the stock symbol provides investors with a unique identifier for the company's stock, allows them to easily trade the stock, and gives them the opportunity to invest in the company.

FAQs about Kohl's Corporation Ownership

This section provides answers to frequently asked questions about who owns Kohl's Corporation.

Question 1: Who founded Kohl's Corporation?

Answer: Kohl's Corporation was founded by Max Kohl in 1962.

Question 2: Where is Kohl's Corporation headquartered?

Answer: Kohl's Corporation is headquartered in Menomonee Falls, Wisconsin.

Question 3: How many stores does Kohl's Corporation own?

Answer: Kohl's Corporation owns over 1,100 stores in 49 states.

Question 4: What is Kohl's Corporation's revenue?

Answer: Kohl's Corporation's revenue is over $19 billion.

Question 5: What is Kohl's Corporation's stock symbol?

Answer: Kohl's Corporation's stock symbol is KSS.

Question 6: Who are the major shareholders of Kohl's Corporation?

Answer: The major shareholders of Kohl's Corporation include Kohlberg Kravis Roberts & Co., Vanguard Group, BlackRock, and State Street Global Advisors.

Summary: Kohl's Corporation is a publicly traded company owned by many different investors. The company was founded by Max Kohl, and its current headquarters are in Menomonee Falls, Wisconsin.

Transition: To learn more about Kohl's Corporation, please visit the company's website or read the company's annual report.

Conclusion

In summary, Kohl's Corporation is a publicly traded company owned by many different investors. The company was founded by Max Kohl in 1962, and its current headquarters are in Menomonee Falls, Wisconsin. Kohl's Corporation is one of the largest department store chains in the United States, with over 1,100 stores in 49 states and annual revenue of over $19 billion.

The ownership of Kohl's Corporation is a complex topic, but it is important to understand who owns the company in order to make informed investment decisions. By understanding the different types of investors who own Kohl's Corporation, investors can better assess the company's financial health and prospects for future growth.

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