Kohl's in the context of "Grocery store"

Play Trivia Questions online!

or

Skip to study material about Kohl's in the context of "Grocery store"

Ad spacer

⭐ Core Definition: Kohl's

Kohl's Corporation (Kohl's is stylized in all caps) is an American department store retail chain. It currently has 1,165 locations, operating stores in every U.S. state except Hawaii. The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee, Wisconsin, in 1927. It went on to become a successful chain in the local area, and in 1962 the company branched out by opening its first department store. British American Tobacco Company took a controlling interest in the company in 1972 while still managed by the Kohl Family, and in 1979, the corporation was sold to BATUS Inc. A group of investors purchased the company in 1986 from British American Tobacco and took it public in 1992.

Kohl's is headquartered in the Milwaukee suburb of Menomonee Falls, Wisconsin. It became the largest department store chain in the United States in May 2012, surpassing its competitor JCPenney. The company is listed on both the S&P 400 and the Fortune 500. In terms of revenue, the chain was the 23rd-largest retailer in the United States in 2019.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<
In this Dossier

Kohl's in the context of Price

A price is the (usually not negative) quantity of payment or compensation expected, required, or given by one party to another in return for goods or services. In some situations, especially when the product is a service rather than a physical good, the price for the service may be called something else such as "rent" or "tuition". Prices are influenced by production costs, supply of the desired product, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions.

Price can be quoted in currency, quantities of goods or vouchers.

↑ Return to Menu

Kohl's in the context of Anchor tenant

In North American, Ireland, United Kingdom, Australian and New Zealand retail, an anchor tenant, sometimes called an anchor store, draw tenant, or key tenant, is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls, sometimes in the middle. With their broad appeal, they are intended to attract a significant cross-section of the shopping public to the center. They often are offered steep discounts on rent in exchange for signing long-term leases in order to provide steady cash flows for the mall owners.

Some examples of anchor stores in the United States are Macy's, Sears, JCPenney, Nordstrom, Neiman Marcus, Saks Fifth Avenue, Dick's Sporting Goods, Dillard's, Kohl's, Walmart, and Target. Canadian examples are Nordstrom, TJX Canada (HomeSense, Winners, Marshalls), Walmart, Saks Fifth Avenue, and Sporting Life. Anchor stores that left Canada include Zellers, Hudson's Bay, Nordstrom Rack, Sears, and Target.

↑ Return to Menu

Kohl's in the context of Herb Kohl

Herbert Hiken Kohl (February 7, 1935 – December 27, 2023) was an American businessman, philanthropist, and Democratic politician from Milwaukee, Wisconsin. He served 24 years as a U.S. senator from Wisconsin, from 1989 to 2013, and earlier served as chairman of the Wisconsin Democratic Party.

From 1970 to 1979, Kohl was president of Kohl's Corporation, his family's business that owned the Kohl's department stores chain. He purchased the Milwaukee Bucks of the National Basketball Association in 1985 to prevent the team from relocating out of Milwaukee. He is also the namesake of the Kohl Center arena on the University of Wisconsin–Madison campus.

↑ Return to Menu

Kohl's in the context of Menomonee Falls, Wisconsin

Menomonee Falls is a village in Waukesha County, Wisconsin, United States. Its population was 38,527 at the 2020 census, making it the most-populous village in Wisconsin. It is part of the Milwaukee metropolitan area. The Fortune 500 retailer Kohl's is headquartered in the village.

↑ Return to Menu