Today Kohl’s Department Stores (NYSE:KSS) marks the grand
opening of 37 new stores that have created more than 5,200 jobs
across six states.
“We are proud that Kohl’s is in a position to grow and add more
than 5,000 jobs to the economy,” said Kevin Mansell, Kohl’s
chairman, president and chief executive officer. “We have used our
financial strength during this downturn to expand in key markets,
such as California, as well as invest in our existing store base in
order to gain market share at a time when customers are looking for
value more than ever.”
Growth &
Expansion
Among the 37 stores opening today, 35 are former Mervyn’s
locations, 30 of which are in California. With the addition of
these stores, Kohl’s now has 121 California locations, a 33 percent
increase in the state. This translates into more than 4,200 new
jobs in California.
In addition to the new California locations, Kohl’s is opening
stores in Florida, Louisiana, Nevada, Texas and Utah. During spring
2009, Kohl’s opened 19 stores, including its first Alaska location.
In total, the retailer opened 56 stores in 2009, and now operates
1,059 stores in 49 states. Kohl’s is also remodeling 51 locations
nationwide this year.
More Ways to Save on
World-Class Exclusive and National Brands
Kohl’s offers shoppers a variety of ways to get great values on
the brands they love. There are no merchandise or brand exclusions
when using offers like Kohl's Cash coupons or Kohl’s Charge Card
discounts. In addition, customers can layer on these discounts and
maximize savings during special promotions and sale hours. Every
store also offers an industry-leading return policy, gift cards,
gift registries, convenient store hours, centralized checkouts and
the Kohl’s Cares for Kids® cause program.
Kohl’s commitment to customer service has been endorsed by the
National Retail Federation, which for the past four years has
recognized Kohl’s on its list of retailers that offer the best
customer service. In addition, Kohl’s has ranked among the top
retailers in the University of Michigan’s customer satisfaction
survey for six consecutive years1.
Kohl’s wide range of world-class exclusive and national brands
is another way the retailer offers great value and convenience to
customers. Brands include Simply Vera Vera Wang, Dana Buchman, ELLE
Contemporary Collection, Chaps, Abbey Dawn and the new Abbey Dawn
Girls designed by Avril Lavigne, Hang Ten, Tony Hawk, Mudd, Jumping
Beans, apt. 9, American Beauty, Food Network, Nike, adidas, Levi’s,
Carter's, Gloria Vanderbilt, Cuisinart and KitchenAid. In addition,
Kohl’s is now the exclusive U.S. retailer for LC Lauren Conrad, a
new contemporary lifestyle brand for women designed by Lauren
Conrad.
Committed to Environmental
Responsibility
As a leading environmentally responsible retailer, Kohl’s green
initiatives include the construction of green buildings, a
dedicated recycling program, a commitment to energy efficiency and
the use and support of renewable energy sources. The company was
most recently ranked first among retailers on Newsweek’s list of
The Greenest Big Companies in America and was named one of the
Environmental Protection Agency’s (EPA’s) 2009 Green Power Partners
of the Year.
All 37 stores opening today feature green operational
enhancements. These include high-efficiency heating and cooling
systems; occupancy sensor lighting for stockrooms, break rooms and
offices; and a recycling program for cardboard boxes, hangers and
packaging. In addition, the Plantation, Fla., location is one of 64
Kohl’s stores nationwide built according to a store prototype that
has received Leadership in Energy and Environmental Design (LEED)
initial certification at the Silver level from the U.S. Green
Building Council. The store’s green attributes also include
recycled and locally obtained building materials and
water-conserving plumbing fixtures.
Kohl’s is proud to be the largest retail host of solar power in
the world, with 78 solar locations nationwide, including 58 in
California. Kohl’s expects that once activated, the Point West
location opening this fall in Sacramento will be Kohl’s 59th solar
location in the state. In addition, more than 300 Kohl's stores,
more than 60 in California alone, have earned EPA’s ENERGY STAR
label for superior energy efficiency and environmental
performance.
Editor’s Note
New store locations opening today include:
California*:
Capitola Downey Eureka Fullerton Citrus Heights Huntington Beach
Lodi Merced Millbrae Monrovia Napa San Diego (3 stores) Northridge
Sacramento Rancho Cordova Redondo Beach San Luis Obispo San Rafael
Hayward Sun Valley Tustin Ukiah Upland Los Angeles Whittier Cypress
Mountain View Redwood City
Florida
Plantation
Louisiana
Lake Charles
Nevada*
Henderson Las Vegas (2 stores)
Texas*
El Paso
Utah*
Salt Lake City
*All new Kohl’s stores in California, Nevada, Texas and Utah are
former Mervyn’s locations.
For more information, visit www.kohls.com. Additional detail
about Kohl’s California locations is available at
www.kohls.com/ca.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Kohl's intends forward-looking terminology such as
“believes,” “expects,” “may,” “will,” “should,” “anticipates,”
“plans,” or similar expressions to identify forward-looking
statements. Such statements are subject to certain risks and
uncertainties, which could cause Kohl's actual results to differ
materially from those anticipated by the forward-looking
statements. These risks and uncertainties include, but are not
limited to those described in Item 1A in Kohl’s Annual Report on
Form 10-K, which is expressly incorporated herein by reference, and
other factors as may periodically be described in Kohl's filings
with the SEC.
Kohl’s Department Stores
Based in Menomonee Falls, Wis., Kohl’s (NYSE: KSS) is a
family-focused, value-oriented specialty department store offering
moderately priced, exclusive and national brand apparel, shoes,
accessories, beauty and home products in an exciting shopping
environment. Kohl’s operates 1,059 stores in 49 states. A company
committed to the communities it serves, Kohl’s has raised more than
$126 million for children’s initiatives nationwide through its
Kohl’s Cares for Kids® philanthropic program, which operates under
Kohl's Cares, LLC, a wholly-owned subsidiary of Kohl's Department
Stores, Inc. For a list of store locations and information, or for
the added convenience of shopping online, visit www.kohls.com.
1 The NRF Foundation (NRFF) is the research and education arm of
the National Retail Federation. A non-profit foundation created in
1981, the Foundation conducts industry research, develops education
and workforce development programs, professional certification
programs and promotes retailing as a career destination. The
National Quality Research Center (NQRC) at the University of
Michigan Business School is a research and teaching center focusing
on the measurement of customer satisfaction and the study of its
relationships to quality, customer retention, profitability and
productivity for private and public sector organizations, for
specific industries and for national economies.
Editor’s Note:
Kohl’s fall grand opening B-roll package is available at:
http://mnr.onthescene.com/Kohls/NewStores_Fall2009.html
Photos/Multimedia Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6061505&lang=en
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