Who Owns Kohl's Department Store? Find Out Here!

StarBeat 13 Jun 2024

Kohl's is an American department store chain founded in 1962 by Maxwell Kohl. The company is headquartered in Menomonee Falls, Wisconsin, and operates over 1,100 stores in 49 states. Kohl's is a publicly traded company, and its stock is listed on the New York Stock Exchange.

Kohl's sells a variety of products, including clothing, shoes, accessories, home goods, and beauty products. The company also has a strong online presence, and its website offers a wide selection of products that can be shipped directly to customers' homes. Kohl's is known for its affordable prices and its frequent sales and promotions.

Kohl's is one of the largest department store chains in the United States. The company has a strong track record of success, and it has continued to grow even as other department store chains have struggled. Kohl's is a popular destination for shoppers who are looking for affordable, stylish products.

Kohl's is a major employer in the United States. The company employs over 100,000 people, and it is committed to providing its employees with a positive work environment. Kohl's is also a supporter of various charitable organizations, and it is committed to giving back to the communities it serves.

Who Owns Kohl's Department Store?

Founder: Maxwell Kohl
Headquarters: Menomonee Falls, Wisconsin
Number of stores: Over 1,100
States with stores: 49
Publicly traded: Yes
Stock exchange: New York Stock Exchange

Founder

Maxwell Kohl was the founder of Kohl's department store. He was born in Milwaukee, Wisconsin in 1914. After serving in the US Army during World War II, Kohl returned to Milwaukee and opened a small grocery store. In 1962, he opened the first Kohl's department store in Brookfield, Wisconsin. The store was a success, and Kohl eventually expanded the chain to over 1,100 stores in 49 states.

Maxwell Kohl's vision for Kohl's was to create a store that was affordable and accessible to everyone. He believed that everyone should be able to find clothes that they loved, regardless of their budget. Kohl's has continued to uphold this vision, and the company is known for its affordable prices and its frequent sales and promotions.

Maxwell Kohl was a pioneer in the retail industry. He was one of the first retailers to use computers to track inventory and sales. He also developed a unique customer loyalty program that has helped Kohl's to build a strong customer base.

Maxwell Kohl died in 2003, but his legacy lives on. Kohl's is still one of the most popular department store chains in the United States, and it continues to grow and expand. The company is a testament to Maxwell Kohl's vision and his commitment to providing affordable, stylish products to everyone.

Headquarters

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

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.
Access to transportation: Menomonee Falls is located near several major highways and airports, which makes it easy for Kohl's to distribute its products to stores and customers.
Availability of skilled labor: The Milwaukee area has a large pool of skilled labor, which gives Kohl's access to the talent it needs to operate its business.
Cost of living: The cost of living in Menomonee Falls is relatively low, which helps Kohl's to keep its operating costs down.
Quality of life: Menomonee Falls is a desirable place to live, which helps Kohl's to attract and retain employees.

Overall, the location of Kohl's headquarters in Menomonee Falls, Wisconsin is a major advantage for the company. It gives Kohl's access to a large customer base, transportation, skilled labor, and a low cost of living. These factors have helped Kohl's to become one of the largest and most successful 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 fact that it has over 1,100 stores is a testament to its popularity and its ability to meet the needs of its customers.

Market reach: The number of stores that a company has determines its market reach. Kohl's has over 1,100 stores in 49 states, which gives it a wide reach and allows it to serve a large number of customers.
Brand recognition: The more stores that a company has, the more visible it becomes. Kohl's has a strong brand recognition due to its large number of stores. This makes it easier for the company to attract customers and build loyalty.
Sales volume: The number of stores that a company has can also impact its sales volume. Kohl's has a high sales volume due to its large number of stores. This allows the company to generate more revenue and profit.
Operating costs: The number of stores that a company has can also impact its operating costs. Kohl's has a large number of stores, which can lead to higher operating costs. However, the company is able to offset these costs through its high sales volume.

Overall, the fact that Kohl's has over 1,100 stores is a major advantage for the company. It gives Kohl's a wide market reach, strong brand recognition, high sales volume, and the ability to offset its operating costs. These factors have helped Kohl's to become one of the largest and most successful department store chains in the United States.

States with stores

The number of states in which a company has stores is a key indicator of its size and success. In the case of Kohl's, the fact that it has stores in 49 states is a testament to its popularity and its ability to meet the needs of its customers.

Market reach: The number of states in which a company has stores determines its market reach. Kohl's has stores in 49 states, which gives it a wide reach and allows it to serve a large number of customers.
Brand recognition: The more states in which a company has stores, the more visible it becomes. Kohl's has a strong brand recognition due to its presence in 49 states. This makes it easier for the company to attract customers and build loyalty.

Overall, the fact that Kohl's has stores in 49 states is a major advantage for the company. It gives Kohl's a wide market reach and strong brand recognition. These factors have helped Kohl's to become one of the largest and most successful department store chains in the United States.

Publicly traded

The fact that Kohl's is a publicly traded company means that its stock is available for purchase by the general public. This is significant because it gives investors the opportunity to own a piece of the company and share in its success.

There are several reasons why a company might choose to go public. One reason is to raise capital. When a company goes public, it sells shares of its stock to investors. The money raised from the sale of these shares can be used to fund the company's operations, expansion, or other initiatives.

Another reason why a company might choose to go public is to increase its visibility and credibility. When a company is publicly traded, it is subject to more scrutiny and regulation than a private company. This can help to increase the company's credibility and make it more attractive to customers and investors.

There are also some risks associated with being a publicly traded company. One risk is that the company's stock price can fluctuate significantly, which can impact the value of investors' holdings. Another risk is that the company may be subject to more lawsuits and other legal challenges.

Overall, the decision of whether or not to go public is a complex one. There are several factors that companies must consider before making this decision, including the potential benefits and risks.

Stock exchange

Kohl's is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol "KSS". This means that Kohl's stock is available for purchase by the general public, and its stock price is determined by the forces of supply and demand in the market.

Ownership: When a company is publicly traded, it means that it is owned by its shareholders. In the case of Kohl's, this means that the company is owned by the millions of people who have purchased its stock.
Liquidity: The NYSE is one of the most liquid stock exchanges in the world, which means that Kohl's stock can be bought and sold easily and quickly. This liquidity is important for investors who want to be able to buy or sell their stock quickly and easily.
Transparency: Publicly traded companies are subject to more scrutiny and regulation than private companies. This transparency is important for investors who want to be able to make informed decisions about their investments.
Volatility: The stock market is volatile, which means that stock prices can fluctuate significantly. This volatility can be a risk for investors, but it can also be an opportunity for profit.

Overall, the fact that Kohl's is publicly traded on the NYSE is a significant factor in its ownership and operations. It gives Kohl's access to capital, liquidity, and transparency, but it also exposes the company to the volatility of the stock market.

FAQs about Kohl's Department Store

This section provides answers to some of the most frequently asked questions about Kohl's department store.

Question 1: Who owns Kohl's department store?

Kohl's is a publicly traded company, meaning that it is owned by its shareholders. The company's stock is listed on the New York Stock Exchange under the ticker symbol "KSS".

Question 2: Where is Kohl's headquarters located?

Kohl's headquarters is located in Menomonee Falls, Wisconsin.

Question 3: How many stores does Kohl's have?

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

Question 4: Is Kohl's a publicly traded company?

Yes, Kohl's is a publicly traded company.

Question 5: What is Kohl's stock symbol?

Kohl's stock symbol is "KSS".

Question 6: What is Kohl's known for?

Kohl's is known for its affordable prices, its wide selection of products, and its frequent sales and promotions.

Kohl's is a major department store chain in the United States. The company has a strong track record of success, and it continues to grow even as other department store chains have struggled. Kohl's is a popular destination for shoppers who are looking for affordable, stylish products.

Conclusion

Kohl's is a publicly traded company, meaning that it is owned by its shareholders. The company's stock is listed on the New York Stock Exchange under the ticker symbol "KSS". Kohl's is one of the largest department store chains in the United States, with over 1,100 stores in 49 states. The company is known for its affordable prices, its wide selection of products, and its frequent sales and promotions.

Kohl's has a strong track record of success, and it continues to grow even as other department store chains have struggled. The company is a popular destination for shoppers who are looking for affordable, stylish products. Kohl's is also a major employer in the United States, with over 100,000 employees. The company is committed to providing its employees with a positive work environment and to giving back to the communities it serves.

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