Headlines

Kohl’s Energy

Retailer will open 100+ stores this year

Published

17 years ago

May 3, 2007

admin1

Kohl's Corp. (Menomonee Falls, Wis.) has announced plans to open 110-115 stores in fiscal 2007. The retailer said at its annual shareholders meeting that the expansion includes the chain's entry into Idaho and Wyoming. Kohl's also announced plans to operate more than 1200 locations by 2010.

It will also continue to roll out its updated store prototype with enhanced customer features introduced in fall 2006. And it will remodel 29 of its existing stores by the middle of this month and plans to double the number of remodels in 2008. Currently 90 of Kohl's 834 stores have been upgraded to reflect the new prototype.

Kohl's told shareholders that net income grew 31.7 percent for its fiscal year Feb. 3, 2007. Total sales increased 16 percent and same-store sales gained 5.9 percent.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design