Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Kohl's Opens 8 New Stores, Creates Around 1K Jobs - Quick Facts

RELATED NEWS
Trade KSS now with 
3/8/2012 6:29 AM ET

Kohl's Department Stores (KSS: Quote) announced the grand opening of eight new stores, bringing about 1,000 new jobs nationwide.

The company celebrates the grand opening of eight new stores in seven states, including Florida, Illinois, Missouri, New Hampshire, New York, North Carolina and Pennsylvania. Of the eight new locations, seven are small format stores with approximately 64,000 square feet or less of retail space, providing greater real estate flexibility.

Kohl's noted that it also continues to invest in its existing store base, adding innovative features and remodeling around 50 stores this year. Over the last six years, more than 60 percent of Kohl's store base has been remodeled with innovation features or newly built, the company added.

Kevin Mansell, Kohl's chairman, president and chief executive officer, commented, "This spring we launched the exclusive Rock & Republic collection available at all stores and Kohls.com. To keep the customer experience fresh and exciting, we are investing in our existing store base by adding innovative features and remodeling approximately 50 stores this year."

Click here to receive FREE breaking news email alerts for Kohl`s Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.