Who Owns Kohl's Department Store? Uncovering The Ownership History

Feed 18 Jun 2024

Kohl's is an American department store chain owned by Kohl's Corporation.

Kohl's was founded in 1962 by Maxwell Kohl in Milwaukee, Wisconsin. The company operates over 1,100 stores in 49 states. Kohl's sells a variety of products, including clothing, shoes, accessories, home goods, and beauty products.

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

Kohl's is a major retailer in the United States. The company is known for its affordable prices and its wide selection of products.

Who Owns Kohl's Department Store?

Kohl's is an American department store chain owned by Kohl's Corporation.

Founder: Maxwell Kohl
Founded: 1962
Headquarters: Menomonee Falls, Wisconsin
Number of stores: Over 1,100
States with stores: 49

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

Kohl's is a major retailer in the United States. The company is known for its affordable prices and its wide selection of products.

Personal Details of Maxwell Kohl:

Name	Born	Died
Maxwell Kohl	1906	2003

Founder

Maxwell Kohl was the founder of Kohl's department store. He opened the first store in Milwaukee, Wisconsin in 1962. Under his leadership, Kohl's grew to become one of the largest department store chains in the United States.

Kohl's is a family-owned business. Maxwell Kohl's son, William Kohl, is the current chairman and CEO of the company.
Kohl's is a major employer. The company employs over 100,000 people in the United States.
Kohl's is a major contributor to the American economy. The company generates over $19 billion in annual revenue.
Kohl's is a committed member of the communities it serves. The company supports a variety of charitable organizations and initiatives.

Maxwell Kohl's legacy is one of innovation and entrepreneurship. He founded a company that has become a major force in the American retail industry. Kohl's is a family-owned business that is committed to its employees, customers, and communities.

Founded

The founding of Kohl's in 1962 is a significant event in the history of the company and its ownership structure.

Kohl's was founded by Maxwell Kohl, a Polish immigrant who came to the United States in the early 1900s. Kohl started out working in his father's grocery store, but he eventually went on to found his own company. The first Kohl's store was opened in Milwaukee, Wisconsin in 1962.

The founding of Kohl's in 1962 is important because it marked the beginning of the company's long and successful history. Kohl's has grown from a single store in Milwaukee to become one of the largest department store chains in the United States.

The founding of Kohl's in 1962 also had a significant impact on the ownership structure of the company. Kohl's is a family-owned business, and the Kohl family still owns a majority stake in the company. This has allowed the Kohl family to maintain control of the company and to make decisions that are in the best interests of the company and its shareholders.

Headquarters

The location of Kohl's headquarters in Menomonee Falls, Wisconsin is significant for several reasons.

First, it is a reflection of the company's strong ties to the Milwaukee area. Kohl's was founded in Milwaukee in 1962, and it has remained headquartered in the area ever since.
Second, the location of Kohl's headquarters in Menomonee Falls gives the company a central location within the United States. This makes it easy for the company to distribute its products to stores across the country.
Third, the location of Kohl's headquarters in Menomonee Falls provides the company with access to a skilled workforce. The Milwaukee area is home to a number of universities and colleges, which produce a steady stream of graduates with the skills that Kohl's needs.

The location of Kohl's headquarters in Menomonee Falls, Wisconsin is a key factor in the company's success. The company's central location, access to a skilled workforce, and strong ties to the Milwaukee area have all contributed to Kohl's becoming one of the largest department store chains in the United States.

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. This large number of stores gives Kohl's a significant competitive advantage, as it allows the company to reach a large number of customers and to offer a wide variety of products.

Geographic reach: Kohl's stores are located in 49 states, which gives the company a broad geographic reach. This allows Kohl's to serve customers in a wide variety of markets, from large metropolitan areas to small towns.
Product selection: The large number of stores that Kohl's owns allows the company to offer a wide variety of products. This includes everything from clothing and shoes to home goods and beauty products. Kohl's is able to offer a wider selection of products than many of its competitors, which makes it a more attractive destination for shoppers.
Brand recognition: The large number of stores that Kohl's owns helps to increase the company's brand recognition. When people see Kohl's stores in their communities, they are more likely to remember the company and to shop there. This helps to drive sales and to increase Kohl's market share.

The large number of stores that Kohl's owns is a key factor in the company's success. It gives Kohl's a competitive advantage in terms of geographic reach, product selection, and brand recognition. These advantages have helped Kohl's to become one of the largest and most successful department store chains in the United States.

States with stores

Kohl's has stores in 49 states, which is a significant factor in the company's success. The large number of states in which Kohl's operates gives the company a broad geographic reach and allows it to serve a large number of customers. This is important because it allows Kohl's to achieve economies of scale and to spread its fixed costs over a larger number of stores. As a result, Kohl's is able to offer lower prices to its customers than many of its competitors.

In addition, the large number of states in which Kohl's operates helps to increase the company's brand recognition. When people see Kohl's stores in their communities, they are more likely to remember the company and to shop there. This helps to drive sales and to increase Kohl's market share.

The fact that Kohl's has stores in 49 states is also important for the company's ownership structure. The large number of states in which Kohl's operates gives the company a diversified revenue stream. This helps to reduce the risk of the company's earnings being affected by economic downturns in any one particular state. As a result, Kohl's is a more attractive investment for shareholders.

FAQs about Kohl's Ownership

Here are some frequently asked questions about who owns Kohl's department store:

Question 1: Who founded Kohl's?

Answer: Kohl's was founded by Maxwell Kohl in 1962.

Question 2: Is Kohl's a publicly traded company?

Answer: Yes, Kohl's is a publicly traded company. The company's stock is traded on the New York Stock Exchange under the symbol KSS.

Question 3: Who is the current CEO of Kohl's?

Answer: The current CEO of Kohl's is Michelle Gass.

Question 4: How many stores does Kohl's have?

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

Question 5: What is Kohl's annual revenue?

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

Question 6: Is Kohl's a profitable company?

Answer: Yes, Kohl's is a profitable company. The company has been profitable for over 50 years.

Summary:

Kohl's is a publicly traded company that is owned by its shareholders. The company has over 1,100 stores in 49 states and generates over $19 billion in annual revenue. Kohl's is a profitable company that has been in business for over 50 years.

Transition to the next article section:

For more information about Kohl's, please visit the company's website.

Conclusion

Kohl's is a major retailer in the United States. The company is known for its affordable prices and its wide selection of products. Kohl's is committed to its employees, customers, and communities. The company is a major employer and a significant contributor to the American economy.

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