Michelle D. Gass
CEO & Director
COO & President
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Kohls was founded in the year 1962. The company has been operational for 56 years now. The founder of the company was Maxwell Kohl. The founder of the company who had previously operated traditional grocery stores since the year 1927, started his own first supermarket in the year 1946. It was known as Kohl's Food Store. In the year 1972, Batus Incorporated had acquired a controlling share in Kohls' Corporation. During that time, the company had 50 grocery stores, along with six departmental stores, three liquor and drug stores as well. In the year 1979, the Kohl Family left the management of the company. Kohl was then expanded slowly and steadily over the next few years. The grocery stores of the company were sold to A&P, which was operating under the name Kohl's Food Store and was later renamed to Kohl's Food Emporium. As of the year 2003, A&P had closed all Kohl's Food Stores. The company had become a limited public entity in the year 1992.
During the 2000s, the company expanded throughout the USA, in over 49 states. Then in the year 2006, the company had sold its credit card division to JP Morgan Chase, for about $1.5 billion. In the year 2011, the company replaced JP Morgan with Capital One for their private credit card processing partner. The company also hired an advertising agency, known as DeVito/Verdi in the year 2009, in order to strengthen the brand's name. In the year 2012, the company was awarded $62.5 million in tax credits from the Wisconsin Economic Development Corporation. As of the year 2015, the company launched its OFF/AISLE chain of stores, for selling new clothing apparels, jewellery, home goods, and other accessories as well. In 2017, the shares of the company had fallen 19 per cent in value. The same year, the company also entered into a partnership with Amazon. The headquarters of the company is based in N95W18000 Appleton Avenue. The name of the place is Menomonee Falls, while the name of the state is Wisconsin, USA. The pin code of the area is 53051.
Kohl’s is an American company that focuses on providing the platform for its customers to shop for various kinds of apparels, footwear, accessories and a lot more types of items and products as well. The current CEO and the director of the company are Michelle Gaas. As of the year 2018, the total sales revenue generated by the company is more than $20.2 billion. Also, the number of employees currently employed by the company, as of the year 2017, is more than 85,000. The company has its presence in over 1,150 locations, all over the USA.
The primary services provided by the company include allowing customers to have the retail presence in order to purchase various products offered by the company, in its own departmental stores. Such products include footwear, clothing, bedding, furniture, jewellery, beauty, electronics, housewares, beauty products and a lot more other categories as well.
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