Kohl's

Kohl's set itself a simple, elegant goal for fiscal 2011: $1 billion in e-commerce sales. The department store retailer is on track to reach that goal, with $171 million in e-commerce sales during Q2, a 36% increase over the same period last year. Kohl's has also brought a third e-commerce fulfillment center, located in Maryland, online to support the peak 2011 holiday season. "With the amount of [sales] increase we have and from many objective numbers I've seen, our online business is growing much faster than the overall industry online business," said Kohl's CEO Kevin Mansell during a recent

Menomonee Falls, Wis. -- Kohl's Corp. reported Thursday that profit for the quarter ended July 30 rose 17% to $303 million, compared with $260 million in the year-ago period. The retailer cited tightened cost controls and success of store-label brands for the improved performance, and has raised its full-year guidance. Kohl’s said it is on track to open an additional 31 stores this year, as well as remodel another 15 stores next month. The company opened nine and remodeled 85 stores in the first half of the year. Revenue for the second quarter rose 3.6% to $4.25 billion, missing

MENOMONEE FALLS, Wis. — Kohl's announced that its board of directors has elected John Schlifske as a new board member, effective immediately. He has been elected to a term expiring at Kohl's 2012 annual shareholders meeting and will be eligible for re-election by Kohl's shareholders at that time. He will initially serve on the board of directors' governance and nominating committee. Schlifske is chairman and CEO of Northwestern Mutual. He was appointed CEO effective July 1, 2010 and chairman effective Aug. 1, 2010. He is also a member of the Northwestern Mutual board of trustees. Kevin Mansell, Kohl's chairman,

At Kohl's, we're always making headlines. Below is the full version and PDF of our most recent press release. You will also find our five most recent releases on the right. To view all of the releases from the several years, visit our s. Second Quarter Diluted Earnings per Share Increases 30% over prior year. Raises Annual Diluted Earnings per Share Guidance to $4.45 to $4.60 from $4.25 to $4.40 MENOMONEE FALLS, WI … August 11/BUSINESS WIRE/Kohl’s Corporation (NYSE:KSS). Kohl’s Corporation today reported results for the fiscal periods ended July 30, 2011 ...

Kohl's is helping customers take a stand against breast cancer with Fila Sport's athletic merchandise designed exclusively for the Kohl's Cares cause merchandise program. One hundred percent of the net profit donated to support the fight against breast cancer.

Kohl’s announced that it's awarded 10 students a total of $10,000 in scholarship money for post-secondary education. In addition to the scholarships, Kohl’s will donate $1,000 to a nonprofit organization of each winner’s choice.

Target, Kohl's and J.C. Penney ranked highest among discounters in consumer perception in the first half of 2011, according to YouGov BrandIndex. The company interviews 5,000 people each weekday from a representative U.S. population sample, more than 1.2 million interviews per year. Here's YouGov’s Retail Buzz scores for discounters in the first half of 2011: Target (33.9), Kohl's (29.5), J.C. Penney (23.9), Costco (23.3), Dollar Tree (16.2), Wal-Mart (15.7), Sam's Club (15.4), Big Lots (15.4) and Dollar General (13.8).

Jennifer Lopez's representatives confirmed the singer/actress remains committed to launching a clothing line at Kohl's with soon-to-be ex-husband Marc Anthony. Lopez's publicist Mark Young said the launch in September "will proceed as planned." Young called the Lopez line "distinctive" and said it represents style in an accessible way.

March sales at retail chains are expected to fall modestly, held back by the combination of a later Easter and higher gasoline prices. Department stores such as Kohl's are expected to post the biggest declines after tallying huge gains a year earlier, when consumer demand picked up steam and shoppers bought spring clothing.  

Kohl’s has closed on the purchase of a building for a new e-commerce distribution center. It's expected to open in July 2011, and the 602,000-square-foot building will fulfill Kohls.com purchases, and Kohl’s will expand the facility to 1 million-square-feet by 2012.