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Kohl's Corporation (symbol: KSS) is a leading American department store chain, headquartered in Menomonee Falls, Wisconsin. Established in 1962, Kohl's operates approximately 1,174 stores across 49 states, primarily located in strip centers. The retailer offers a wide range of products, including private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Women's apparel is the largest category, contributing to 26% of the company's 2023 sales.
Kohl's is committed to inspiring and empowering families to lead fulfilled lives through its diverse product offerings and exceptional customer service. The company’s mission extends beyond retail, as it actively engages in various community support programs. Through initiatives like Kohl’s Cares and Associates in Action, Kohl's contributes significantly to youth-serving nonprofit organizations and environmental conservation efforts.
Financially, Kohl's maintains a robust presence in both physical and digital retail spaces. The company has successfully expanded its e-commerce operations, ensuring a seamless shopping experience for customers nationwide. Recent achievements include collaborations with notable brands and the introduction of innovative products to meet the evolving needs of consumers.
Kohl's strong emphasis on corporate responsibility is evident in its environmental sustainability efforts. The retailer seeks innovative solutions to promote long-term stability, reflecting its dedication to being a responsible community member. Investors benefit from the company’s transparent and timely information, underscoring Kohl's commitment to maintaining trust and accountability.
In summary, Kohl's Corporation stands out for its extensive product range, community involvement, and sustainable practices, making it a significant player in the retail industry.
Kohl’s Corporation (NYSE: KSS) announced a quarterly dividend of $0.50 per share, payable on December 21, 2022, to shareholders recorded by December 7, 2022. This regular dividend reflects the company's ongoing commitment to shareholder returns while maintaining its position as a leading omnichannel retailer in the U.S., with over 1,100 stores. Kohl’s aims to be the trusted retailer of choice, focusing on diverse offerings and environmental, social, and corporate governance initiatives.
Ancora Holdings Group, LLC, holding 2.5% of Kohl’s Corporation (NYSE: KSS), issued a statement regarding a management transition. Ancora expressed satisfaction with the appointment of Tom Kingsbury as interim CEO, a nominee from Ancora's shareholder group in 2021. They believe Kingsbury’s retail experience will enhance Kohl's leadership and drive value for investors, customers, and employees. Ancora also supports Kingsbury and Margaret Jenkins in forming a committee to identify a permanent CEO, emphasizing the need for operational expertise in the company’s leadership.
Kohl's Corporation (NYSE: KSS) announced that CEO Michelle Gass will step down on
Included Health has announced the appointment of Michael Bender to its Board of Directors, succeeding Hill Ferguson, the former CEO of Doctor On Demand, who has stepped down as previously planned during the merger with Grand Rounds Health. Bender brings over 30 years of experience in healthcare and consumer-facing organizations, having held leadership roles at Eyemart Express and Walmart. Owen Tripp, the current CEO, expressed confidence in Bender's ability to tackle industry challenges and emphasized the company's mission to lead in integrated care delivery.
Kohl's (NYSE: KSS) has announced a series of promotions for Black Friday, including its TGIBF! Sweepstakes, offering over
Kohl’s (NYSE: KSS) has launched its holiday marketing campaign, "More Gifts. More Savings," aimed at providing customers with exceptional gifts at great prices. The campaign includes influencer-curated gift lists, a new gift list building tool, and $25,000 in gift cards as prizes for participants. Kohl's will also introduce various social media activations to enhance customer engagement and shopping convenience. The campaign emphasizes value, with promotions running until Christmas Day, positioning Kohl’s as a go-to destination for holiday shopping.
Kohl's (NYSE: KSS) announced a comprehensive lineup of holiday savings events for November, featuring exclusive deals and promotions to attract customers during the shopping season. Starting with Black Friday Early Access on November 4, customers can earn $15 Kohl's Cash for every $50 spent. Kohl's Rewards members benefit from daily 5% rewards, with additional perks for cardholders. Exciting holiday deals continue throughout the month, including Dashing Deal Days and Black Friday Week, offering extra discounts and promotions on popular gift items, enhancing the shopping experience.
Kohl's (NYSE: KSS) has launched its holiday portfolio, emphasizing a diverse range of national and private brands across categories like outdoor gear, smart home technology, and beauty. With 600 Sephora locations now open in-store, shoppers gain access to prestige beauty products for gifting. Additional offerings include apparel for various occasions and expanded gifting options for pets and home technology. Kohl's aims to attract holiday shoppers with competitive prices, digital conveniences, and a commitment to meeting diverse customer needs through its extensive product array.
Kohl's (NYSE: KSS) has announced a donation of $150,000 to the American Red Cross to assist communities affected by Hurricane Ian. The company will also provide emergency financial support to impacted associates through its Associate Relief Fund and offer compensation for those whose stores closed during the hurricane. Additionally, Kohl's is promoting volunteer efforts among its associates by doubling the reward grant to $50 for hours volunteered with the Red Cross. Since 2001, the company has donated over $9.7 million to the Red Cross.
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